Maybe an explanation of the Fed balance sheet, and how that affects the money supply, will help you understand why inflation is so high currently. Don't get me wrong, there are most likely other factors, most notably supply chain issues, as well as some price gouging (albeit very little), but there is little doubt that money supply (which is substantially higher than 08-09) is the primary focus.i just explained the real price gouging/inflation to you, it just isn't what you or your your puppet masters want to hear.
and inflation isn't driven in the least by increased money supply, in a competitive market, because the "competition" aspect always trumps and money chasing it.
and is there really any increased money supply since covid, or did the stimuli just make up for the money lost to covid.
true "inflation" is only cost driven in a competitive market, which we don't have where the current price increases are.
and the gas cost is 100% speculator driven, and you know it, so it isn't really "inflation" either.
nothing but propaganda and economic total ignorance from the sock puppets.
price gouging enabled by industry consolidation and absence of competitive markets, isn't inflation, is just price gouging.
am i pissed off? yes.
the lack of free markets, is matched by the lack of actual open discussion.
they have been replaced by monopolization and propaganda.
Fed Balance Sheet