Call me a stickler, but I don’t think this is inflation. The price rises we are seeing are the result of shifts in the supply curve of various commodities, not the devaluation of currency.
If you’re an investor, it’s a supply curve shift. If you’re buying gas at the pump and more for groceries, it’s inflation.
Yes.
Oil.
Me too.
Most comments on this thread have nothing to do with prices, their pure politics. The routine here is that the church-of-doom sings a chorus of "We Got Hyperinflation" and when a newcomer mentions actual prices (you know, like money) the congregation goes wild.
Those of us just watching overall price trends know actual real life inflation dangers are nothing compared to this child like hyperinflation scare. Like watching libs at a global warming rally.