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Who causes inflation?, page-164

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moondoong

48,972 Posts.

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02/09/24

13:37

Post #: 75488313
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Originally posted by Bunn-Wackett ↑

Will inflation even be a problem by December?

I think inflation is going to be an issue for decades due to the costs of greening the planet. Hellishly expensive!... It's no different to a 'start up' where the upfront costs turn out to be bigger than budgetted, expected production runs over by years, those running the show learn as they go, and in the meantime costs rise!

A shortage of materials for the greening of the planet will ensure high prices because 'economy of scale' necessary to make the end product affordable for the consumer just won't be there.

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Inflation itself might collapse but that will be because the economy will be in recession.

It's already in a per capita recession.

The costs are baked in however and unlike to go down. Therefore people are still worse off.
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