"right now"

m8 , china ain't got high growth rate right now

oil prices started to rise

moderate inflation ain't a problem if GDP growth rate is high enough

there's 4 types of economies:-developed,developing,Japan and Argentina

don't know about Indonesia but , in India the target inflation range is 2-6% which is what the inflation is most of the time

the reason for the range upper limit being so high is that its not a problem when the GDP growth rate is also high

oil prices

don't know about south africa but , in India the target inflation range is 2-6% which is what the inflation is most of the time

the reason for the range upper limit being so high is that its not a problem when the GDP growth rate is also high

as for Switzerland, https://www.reddit.com/r/dataisbeautiful/comments/zhqabn/oc_inflation_heatmap_for_44_european_other_dm_and/izr0qam?utm_medium=android_app&utm_source=share&context=3

Switzerland:-be a tax haven for the scum of the world ,which ensures large money(dollars/gold) inflows, which ensures the local currency appreciates in value, that lowers inflation.

Saudi Arabia:-be part of a oil cartel to profiteer from low global oil supply compared to global demand, which ensures large money(dollars) inflows, which ensures the local currency appreciates in value, that lowers inflation ,

and also buy discount Russian oil for domestic consumption and sell your own oil at market prices to others.

China:-lockdown entire cites when a single covid case is found and welding people's doors closed, and significantly eliminate the demand side factors that cause inflation but destroy your GDP growth rate in the process too

and also buy cheap Russian gas and oil.

i don't think there's much that can be learnt from these 3 nations without a lot side effects.

India:- GDP growth rate:- 7% , inflation:- 6.8%

UK:-GDP growth rate:- recession, inflation:-11%

USA:-GDP growth rate:- recession, inflation:-8%

so yes , India is doing ok given the global situation

the industrialized countries of Victorian era also had colonies and puppet banana republics they exploited to ensure great economic growth and zero inflation

safe to say that the global situation isn't the same anymore and the economic policies of then aren't applicable now

I'm pretty sure that if more countries had oil deposits like USA , inflation would be lower there too

what's the inflation like in Cuba?

the share of coal in India's power grid is going down every year

well India doesn't have significant crude oil deposits unlike US,

so yes the US will frack just to fuel inefficient gas guzzlers , while India will become greener

EU is buying "azeri" gas , which is actually Russian gas

EU is deceiving people about lowering imports from Russia,

but indirectly it is the same as before the war

the total oil consumption stayed same , Russian oil replaced OPEC oil

*20 , the capacity is 40% but the share of power generation is 20%

you saying in 30 years there's gonna be a US vs India cold war ?