Supply and demand historically drive prices. Inflation is the result of too many dollars chasing too few goods. Government creates inflation by printing more money out of thin air. The inflation rate by Government is around 2-3% per year, meaning your dollar loses 2-3% buying power every year. That is long term inflation. Short term inflation can be caused by manufacturing cost increases, such as spikes in fuel costs. The Dolt-in-Chief has caused diesel prices to increase by 250% in his illustrious presidential career thus far. Covid lockdowns affected manufacturing of products, which is why there are certain shortages now. Simple advice is "Buy only what you need, and skip the rest." Eventually the manufacturing/delivery/retail process will correct itself.
One thing that has struck me for almost two years now is what seems to be a concerted effort to push a scarcity narrative. And, in turn, push panic buying, which likely feeds into the Federal Government taking some kind of action.
How many times have we seen posts with pics of empty grocery shelves? Several months ago, maybe a year, there was a video posted with a mid 50’s white guy claiming he knew Senior Military Officers who were told to stock up on food. The guy had glowie written all over him.
Yes, I am well stocked to feed my family for months if needed. But I never engaged in panic buying.
Yep, I haven't noticed any empty shelves other than the panic buying of toilet paper during covid and my local chipotle ran out of lids for the bowls and black beans once.
Lmao that's pretty much all the shortages I've seen. Gotta wonder how much of this is just smoke and mirrors.
We may never know. But lately, I question everything and trust no one. Cui Bono.
Agreed
Supply and demand historically drive prices. Inflation is the result of too many dollars chasing too few goods. Government creates inflation by printing more money out of thin air. The inflation rate by Government is around 2-3% per year, meaning your dollar loses 2-3% buying power every year. That is long term inflation. Short term inflation can be caused by manufacturing cost increases, such as spikes in fuel costs. The Dolt-in-Chief has caused diesel prices to increase by 250% in his illustrious presidential career thus far. Covid lockdowns affected manufacturing of products, which is why there are certain shortages now. Simple advice is "Buy only what you need, and skip the rest." Eventually the manufacturing/delivery/retail process will correct itself.
Sage advice.
One thing that has struck me for almost two years now is what seems to be a concerted effort to push a scarcity narrative. And, in turn, push panic buying, which likely feeds into the Federal Government taking some kind of action.
How many times have we seen posts with pics of empty grocery shelves? Several months ago, maybe a year, there was a video posted with a mid 50’s white guy claiming he knew Senior Military Officers who were told to stock up on food. The guy had glowie written all over him.
Yes, I am well stocked to feed my family for months if needed. But I never engaged in panic buying.
Yep, I haven't noticed any empty shelves other than the panic buying of toilet paper during covid and my local chipotle ran out of lids for the bowls and black beans once.
Lmao that's pretty much all the shortages I've seen. Gotta wonder how much of this is just smoke and mirrors.