dont worry about covid lockdowns, covid is well done and dusted by now. it is far in the past. inflation may not go down but it is irrelevant. Inflation is a symptom of how we f*ed our economy over the last 2.5 years with lockdowns and restrictions - it is only a symptom in which the root cause has been fixed. However the war has caused a massive decoupling between enemy and allies who were trading with each other, for example Russia now not sending oil to enemies and the enemies not even willing to take it. Energy of course a key ingredient to all forms of production - if energy prices go up this is inflation up and that is the new root cause of our inflation (not covid anymore). But the root cause of our new inflation is war, but war will also give us a huge boom in global production which IMO is far greater than the energy crisis which is feeding inflation - it just takes TIME for this to kick in just like it took 2.5 years for our economic self-destruction (covid restrictions) to kick in and feed inflation.
Inflation is nothing more than REDUCED PRODUCTION. To counter inflation we need MORE PRODUCTION = $$$ in the bank for resource miners
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dont worry about covid lockdowns, covid is well done and dusted...
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