The Fed and the Bank of England hiked interest rates again this week, in an attempt to tame inflation. Such moves have provoked panic amongst the ruling class, however, with a new slump looming. Under capitalism, all roads lead to ruin.

The recent market turmoil in Britain has revealed the immense level of speculation that takes place in every corner of capitalism. The bankers and billionaires are gambling with our futures. It is time to overthrow their decrepit system.

With inflation spiralling out of control, central banks are hiking interest rates, provoking recession. The ruling class is increasingly split, as the crisis of capitalism deepens. Only socialist revolution can provide a way out of this impasse.