Debasement all around: lessons from 16th-century inflation

In 2022 global inflation spiked at a rate not seen in decades. A look at the world’s very first such bout reveals eerie echoes of today’s woes—and lessons for tackling them. Our correspondent meets Indonesia’s Baduy people, for whom modernity is encroaching on strict religious and ascetic ways. And our data team finds that favourite dog breeds vary by country. Additional music courtesy of Wim van Zanten. For full access to print, digital and audio editions of The Economist, subscribe here www.economist.com/intelligenceoffer Hosted on Acast. See acast.com/privacy for more information.

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