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.
There are more things in this World Horatio, than are dreamed of in your philosophies Shakespeare Definitions from Oxford Languages · Learn more: adjective relating to existence. "The climate crisis is an existential threat to the world." PHILOSOPHY concerned with existence, especially human existence as viewed in the theories of existentialism. "The existential dilemma is this: because we are free, we are also inherently responsible." LOGIC (of a proposition) affirming or implying the existence of a thing. the existential proposition that truth and reality are constructed fictions" Even physicists struggle with truth. Reality in the laws of physics repeatedly give way to new findings. The James Webb Telescope finds galaxies beyond the time and space of the established Universe. Anthropologists find evidence of civilizations earlier than documented history. What is truth? The use of the word existential as a syndrome for virtual truth begs the question o...
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