Inflation

@nonoise   Well said. Thanks for drawing attention to the removal.

@nonoise  the guy who you are probably talking is unfortunately correct.  Inflation is caused when too much money chases a limited supply of goods and services.  COVID may have crimped the supply chain, but it was and is GOV that is printing money right, left and in-between  - making any accumulated money you and I may have worth less. 

I am not trying to start an argument by saying that current gov policy is "bad."  However, I am saying that it is definitely inflationary.

@nonoise + 5 it is all I can afford.

The printing of money doesn't contribute to inflation. It doesn't work that way. When the government increases currency, it simply buys things like savings (which there are tons of) and puts it into circulation. It's been done that way since, forever. 

Did any of you know that 54% of adults between 16 - 74 years old can't read at a 6th grade level? Save those stories of printing money being the cause of inflation for them.

All the best,
Nonoise

Let's see: Demand-Pull Inflation or Cost-Push Inflation or M*V=P*T  (if you know you know).  Why are we on this topic?

Yes, @noske, the FEDs are top economists in the country and recent inflation cycles don't comply with our daily existence.

But, audio lives on!   Peace, Love and Rock & Roll.