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US inflation jumped 7% in December as prices rise at rates unseen in decades, page-3

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AmbrosePethick

17,397 Posts.

13/01/22

11:57

Post #: 58831508
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Originally posted by thecurious1: ↑

Here's one cause.

"Disruptions to the global supply chain caused by the pandemic are still causing shortages and driving up the price of goods, from cars to meat and furniture."

"“What we have now is a mismatch between demand and supply. We have a very strong demand in areas where supply is constrained,” Powell said."

What cause do you think is the major contributor to the rise ?

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"Bidenflation shows no sign of stopping."

It’s the economy, stupid.
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