Would be fun to see what happens if everyone in the working class pulls all their money out of the stock market and quits working.I'll give an honest answer. I may be wrong, but here goes.
The political cronies in the US are now globalist, and that only works if the powerful middle class no longer has any clout. The only way that happens is to shrink the numbers of the middle class to be a non-issue.
So, this nonsense happens. I have yet to see any market force that would take this big of a bite out of our economy. So, I am convinced that it is just an intentional inflationary play on the part of those who would benefit from it.
There's my tinfoil hat.
That and white supremacists and the Russian horde,,,or *****, I forget which. I need to turn on a late night comedy show and get reprogrammed.Clearly it is because we are combating climate change
Lots of money around the world being given to people not working during Covid lockdown and governments still throwing money around, lockdown leading to reduction in supply of goods and services.Well.
It's all deliberate. And still, the inflation we see is not justified to the extent that prices are increasing. Something smells fishy.Lots of money around the world being given to people not working during Covid lockdown and governments still throwing money around, lockdown leading to reduction in supply of goods and services.
Drastically reduced supply of goods and services without a corresponding reduction in demand, leads to more money chasing fewer goods and services which ultimately causes inflation as buyers bid up the price (and sellers also take advantage of people's desperation)
Add in businesses that were in lockdown, not only have to cover current costs + a reasonable profit - they have to recoup losses from being shutdown.
Throw in the fact I think the OPEC cartel is deliberately minimising oil production which has lead to massive increases in fuel costs.
Net result of all these factors is hefty Inflation.
we'll have none of that logic around here.Lots of money around the world being given to people not working during Covid lockdown and governments still throwing money around, lockdown leading to reduction in supply of goods and services.
Drastically reduced supply of goods and services without a corresponding reduction in demand, leads to more money chasing fewer goods and services which ultimately causes inflation as buyers bid up the price (and sellers also take advantage of people's desperation)
Add in businesses that were in lockdown, not only have to cover current costs + a reasonable profit - they have to recoup losses from being shutdown.
Throw in the fact I think the OPEC cartel is deliberately minimising oil production which has lead to massive increases in fuel costs.
Net result of all these factors is hefty Inflation.
All due to democrat policies. Got itLots of money around the world being given to people not working during Covid lockdown and governments still throwing money around, lockdown leading to reduction in supply of goods and services.
Drastically reduced supply of goods and services without a corresponding reduction in demand, leads to more money chasing fewer goods and services which ultimately causes inflation as buyers bid up the price (and sellers also take advantage of people's desperation)
Add in businesses that were in lockdown, not only have to cover current costs + a reasonable profit - they have to recoup losses from being shutdown.
Throw in the fact I think the OPEC cartel is deliberately minimising oil production which has lead to massive increases in fuel costs.
Net result of all these factors is hefty Inflation.
Well.