A third inflationary shock in less than a decade is coming: who will pay the price this time around? | Aditya Chakrabortty

Brutal past experience has taught us that a cost of living crisis doesn’t affect us all the same, because we don’t all go into it with the same income or wealth Perhaps the most celebrated writer on oil markets is Daniel Yergin. His work has won a Pulitzer and his advice sought by every president from Bill Clinton to Donald Trump. Let’s start by looking at an example.