Is inflation due to the pandemic, or is it because of policies pursued by current administration?
Is it temporary?
USA has seen a surge in inflation, but am thinking it is because people stayed home, so production of goods slowed while demand went up. It does not help that California held a referendum and this brought about the chaos at its ports. Leaders were too busy campaigning. Once all those goods arrive there will be too much. Longer term is DEFLATION that will lead to a slowing economy.
Topic: Inflation theories (Read 620 times)