supply and demand drives inflation as with most anything else. post COVID
supplys were limited, workers refused to return to work, some never. The Fed
focused only on unemployment rates (Economists call that relationship the
Phillips Curve) and the stockmarket, attempted to control inflation with high
interst rates as if the cause was an over inflated economy. The strategy did not
work, no suprise. Was the strategy, synical, ignorent or a planed deception.
Causes
1 Labor shortage
2 Excess money supply
3 Supply shortage
4 Decreased merchant volumn, defensive pricing
(unstable vicious circle in combination)
Stock market has more to do with capital divergence and excess profit from massive imports and division of labor, but inflation also to a degree.
The Devil promises a utopia of worry-free egalitarianism beckoning you to an Orwellian hell of despondency. Its a matter of giving or taking. Work for your family and community supporting the common good, or take from the wealth of those who produce and promise benefits to those who do not and those destroyed by the theft of their own creation.
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