How much actual money supply inflation is there?
If banks don’t loan, then the money supply doesn’t grow, right? And that’s what I keep hearing on the TV: the banks are sitting on their “cash”.
As for food and oil price increases, why isn’t that due to increased demand?
That is explained in the title. Employment is down, yet food and oil prices are skyrocketing. The demand will come when more people are employed, then you will see serious inflation eventually killing the recovery.