The current extraordinary inflation and actually started stagflation is the result of a tremendous macroeconomic mistake of the state economic policy of developed countries and, first of all, the USA. A huge part of the respected academic and expert economic community has kept the U.S. and European governments from making such a mistake - but, as we see, in vain.

For most experts, deflation is bad news since it generates expectations for a continued decline in prices, leading consumers to postpone the purchases of present goods, since they expect to purchase them at lower prices in the future. Consequently, this weakens the overall flow of current spending and this, in turn, weakens the economy. Economic activity, believe the experts, is a circular flow of money. Spending by one individual becomes the earnings of another individual, and spending by another individual becomes a part of the previous individual’s earnings.

The hot topic in British politics is whether it is appropriate for transgender-identified males to go into women’s only spaces such as toilets, changing rooms, and prisons. With J.K. Rowling as their figurehead, there has been a rise of women voicing their concerns about their safety and comfort if biological males enter spaces intended for biological females.