There would be not surplus profits in the world for the people who does not produce nothing only consume and spend.....if world is not ruled unjustice and corruption.
If we start living honest ways and everything real ....we would not have that kind of luxury and wealth so much.
Some how yes the worst hit countries in this rate hike and inflation is the countries that are majorly consumers. They have higher fallen GDP and little profit is consumed by feeding. Countries that are merely consumers have low income earners because they are majorly labourers and unskilled workers. These set are highly poor as nothing commercial and industrial in most of the towns and so they are home to inflation.