Recent data has caused alarm amongst the ruling class, suggesting that inflation has become entrenched. In response, central bankers are looking to provoke a slump in the hope of quelling price rises. The only solution is socialist revolution.

Countries, businesses, and households across the world are drowning in debt. As interest rates rise, the danger of default looms. To avoid a catastrophe, calls for debt cancellation are not enough. Instead, we must fight for revolution.

Debates and protests have broken out amongst the Tories recently, over suggestions that supermarkets should sign up to price caps on essential goods. To genuinely fight the menace of inflation, however, we need a socialist plan of production.