Hello and welcome to the Intelligence from the Economist. I'm your host, Jason Palmer.

Every weekday we provide a fresh perspective on the events shaping your world.

In Myanmar, the military coup of last year still looks solid. The opposition is locked up

and protesters routinely beat down. But our correspondent find growing dissent in the

military rank and file and a network of help for those who want to desert.

And I gotta tell you, I always liked the original cut of Houndog by Big Mama Thornton more than

the one by Elvis. But whose song is it when versions abound? The original author, the

artist who did it best, who made it most popular? It's tricky.

Just up though.

Consumer price numbers in the Euro area published today are worrying stuff up by 5% year on

year. Yesterday, Britain posted a rise of 5.4%, the highest in three decades. But there's

a strange thing going on here. It's pretty much the same story for shoppers in New York

and Toronto and Seoul. Inflation is up all over the developed world. A shared punch to

the pocketbook that hasn't happened in more than half a century. Leaders want to be seen

to be doing something, anything to slow the price rises. But history shows that the solutions

that come out of administrations can create more problems than they solve.

There is a variety of things pushing inflation up around the world. Henry Kerb is our economics

editor and first warned us on the show nearly a year ago that this situation was brewing.

The right start is America's very large economic stimulus. All those checks that were sent

out to consumers got large. He spent on goods. This has bunged up the world's supply chain.

As a result, the prices of lots of goods have gone up around the world. At the same time,

you have very tight labour markets in a number of places. Then you also have, and this is

...