{"id":823,"date":"2026-08-31T13:43:00","date_gmt":"2026-08-31T11:43:00","guid":{"rendered":"https:\/\/forum-new-economy.org\/2026\/08\/31\/inflation-shocks-the-underestimated-driver-of-discontent\/"},"modified":"2026-09-01T17:36:08","modified_gmt":"2026-09-01T15:36:08","slug":"inflation-shocks-the-underestimated-driver-of-discontent","status":"publish","type":"post","link":"https:\/\/forum-new-economy.org\/en\/2026\/08\/31\/inflation-shocks-the-underestimated-driver-of-discontent\/","title":{"rendered":"Inflation shocks \u2013 the underestimated driver of discontent"},"content":{"rendered":"\n<p class=\"wp-block-paragraph\">This is how the AfD\u2019s poll numbers in Germany rose precisely after the peak of inflation in autumn 2022. Something similar applies to 2026: here, too, support for the AfD rose at the very moment when, as a result of the war in the Near and Middle East, oil prices and inflation increased. Rising prices appear to have had a similar effect in the United States. According to polls, inflation was one of the most important issues in the 2024 election campaign for around 41% of US citizens. And: where the problem was perceived most strongly, Donald Trump tended to win the election. In other words: without inflation, Trump might not have become president a second time.     <\/p>\n\n<p class=\"wp-block-paragraph\">How inflation can have such a strong influence on voting behaviour \u2013 and what loss of control has to do with it \u2013 is what we examine in a detailed ranking, in which we bring together the current state of research and highlight different factors that promote populism. More on this in our <a href=\"https:\/\/forum-new-economy.org#realitycheck\/\" data-type=\"link\" data-id=\"https:\/\/forum-new-economy.org#realitycheck\/\">Reality Check<\/a>. <\/p>\n","protected":false},"excerpt":{"rendered":"<p>When there is a larger influx of people into Germany, more people vote for extreme parties. So the claim goes. In reality, a different connection becomes much clearer on closer inspection: support for populists has risen sharply when inflation is high.   <\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[1],"tags":[],"artikel-autor":[18],"class_list":["post-823","post","type-post","status-publish","format-standard","hentry","category-unkategorisiert","artikel-autor-luis-wunder"],"acf":[],"_links":{"self":[{"href":"https:\/\/forum-new-economy.org\/en\/wp-json\/wp\/v2\/posts\/823","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/forum-new-economy.org\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/forum-new-economy.org\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/forum-new-economy.org\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/forum-new-economy.org\/en\/wp-json\/wp\/v2\/comments?post=823"}],"version-history":[{"count":1,"href":"https:\/\/forum-new-economy.org\/en\/wp-json\/wp\/v2\/posts\/823\/revisions"}],"predecessor-version":[{"id":824,"href":"https:\/\/forum-new-economy.org\/en\/wp-json\/wp\/v2\/posts\/823\/revisions\/824"}],"wp:attachment":[{"href":"https:\/\/forum-new-economy.org\/en\/wp-json\/wp\/v2\/media?parent=823"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/forum-new-economy.org\/en\/wp-json\/wp\/v2\/categories?post=823"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/forum-new-economy.org\/en\/wp-json\/wp\/v2\/tags?post=823"},{"taxonomy":"artikel-autor","embeddable":true,"href":"https:\/\/forum-new-economy.org\/en\/wp-json\/wp\/v2\/artikel-autor?post=823"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}