What’s the way out of the global cost of living crisis?

 Many countries are reporting significant increases in the prices of food, housing and fuel.

It is normal for the cost of goods and services to rise steadily over time.

Most economists think it is healthy to have inflation rates at about 2 percent.

But many countries are reporting substantial increases in the prices of food, housing and fuel, in what some observers have called a “cost of living” crisis.