Yes there was some supply side inflation over the last 3 years and WFH plus lockdown plus government stimulus created insane demand for everything because people’s expenses dropped.
But the bulk of the supply chain issues are fixed and the largest driver of inflation is corporate profits.
Just listen to the business news and look at the journals. Nearly every major multinational and Blue Chip has slashed workers and jacked up prices and are making record profits while saying publicly that the market is driving them this way.
Don’t believe the lie. They are legally obligated to tell the truth in their financial reporting and it’s $180° from what they’re saying on media platforms.
When they have to tell the truth they plainly state that corporate profits margins and productivity are through the roof growth is at an all-time high for many companies. They see the excuse of inflation and they’re taking advantage of consumers.
I’m talking about inflation of the money supply, not supply chain issues. Many industries have made a lot of money, the problem is the money is worth less as more gets printed. The dollar is going to wallpaper for the next election, the excuse of inflation means more money naturally. I don’t blame them for fattening up, we are all about to get skinny in the next year or so when 36 trillion comes about.