You have declining income and increased costs... if this is not the explaination of dictorial overtake... pleas3e educate me on this matter:
A jug of "juice" at wal mart was $1.34 -- then after pandemic, it was $1.50
MANY products are seeing price rise, yet wages are ~stagnent/depressing...
Yet corp incomes are fucking reatardly UP... IS THERE ANYONE QUALIFIED TO EXPLAIN WHY CORPORATION ARE BOTH INCREASING PROFITS, YET BITCHING ABOUT WAGES AND THEN ALSO COMPLAINING ABOUT WORKER SHORTAGE:::
THE FUCKING RESET IS ABOUT WORKER SHRINKAGE TO SUPPORT CORPORATE PROFETS AND BALME IT ON WORKER SHORTAGE...
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There is something going on in the human market: Kill off poor, but manufacture poor, such that one can extract value until said-poor die off...
It's not rocket science - there is more money in the economy but the same amount (and often less) things.
It's relatively simple to hit the brakes on inflation by taking money out of the economy (either increasing interest rates, or increasing taxation). But it's easy to understand why there is little political capital to do so.
Regardless,because this money came as a large one-time lump, the inflation is probably "transitory" - which is a fancy way of saying that once prices catch up to the money supply, there is no reason to believe it will continue.