• Ya_Boy_Skinny_Penis@lemmy.world
    link
    fedilink
    arrow-up
    6
    arrow-down
    3
    ·
    1 year ago

    Too much money chasing too few goods?

    Wrong. Supply is fine.

    Prices are going up because people are willing to pay higher prices than they were. We still have not found a new ceiling. It’s not “all the money printed by Trump” that caused a giant spike in inflation (that only played a small part). It’s record profits in a variety of industries convincing anyone and everyone to charge more.