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Corruption has all of a sudden dropped off the headlines and been replaced by the high cost of living and taxes. Yet the three items are interlinked.
The high cost of living is sometimes driven by forces beyond our control like the war in Ukraine and closer home, drought. All these affect the supply of either food or oil.
The demand does not change suddenly; births, deaths and immigration are gradual. A third driver is the "human factor." When there is a political transition, we take advantage of the arising uncertainties to raise prices, cut deals and perpetrate fraud.
Facts First
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