Listed below are 15 or so drivers of rising costs, roughly so as. Many of the blame goes to these on the prime of the record, the underside of the record are very modest however actual contributors:
Inflation Blame
1. Covid-19
2. Congress
3. President Biden CARES Act 3
4. President Trump CARES Acts 1+2
5. Customers (overspent with out regard to value)
6. Customers (shift to Items)
7. Russian Invasion of Ukraine
8. Simply in Time Supply (provide chains)
9. Fed/Financial Coverage
10. Wages/Unemployment Insurance coverage
11. House Shortages
12. Semiconductors/Vehicles
13. Company Revenue Searching for
14. Tax Cuts (2017) / Infrastructure (2022)
15. Crypto
Learn the remainder at Barry’s web site now:
Who Is to Blame for Inflation, 1-15 (The Massive Image)