2358. Why Inflation

Why inflation. 

The shortfall in production (no workers)   because of covid led to savings and lack of product. Now that things are more open people are ready to spend but the product is not there.

Second, panic buying, as if everything will disappear – land, houses, food and energy.

A mix of the rational, #1, and the irrational, #2 

This feels like the beginning of a deeper unravelling.

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