A new report from the The Intergovernmental Science-Policy Platform on Biodiversity and Ecosystem Services (IPBES) – which is often described as the “IPCC for biodiversity” – found that billions of people depend on 50,000 wild species for food, medicine, fuel and income from activities like tourism. “70% of the world’s poor are directly dependent on wild species. One in five people rely on wild plants, algae and fungi for their food and income; 2.4 billion rely on fuel wood for cooking and about 90% of the 120 million people working in capture fisheries are supported by small-scale fishing,” assessment co-chair Dr. Marla R. Emery said in a press release.
Now, inflation is actually here. Never mind the fact that the Fed believes that inflation can be kept under control, and that more government spending is in order — all popular media coverage of inflation occurs in the frame of fear. A little evidence of inflation combined with a lot of fear of inflation will be the formula for turning inflation into a political weapon in service of austerity.