COVID

What caused the spike in inflation?

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What caused Inflation? 1. COVID. The main cause of inflation. It disrupted every aspect of society around the world. 2. Supply Chain disruption. The private sector’s inability to adjust to COVID. “Just-in-time” inventory system dominated by international commerce was the perfect storm for shortages of essential products and services when COVID shutdowns occurred. 3. Putin’s barbaric war against Ukraine. A “reinforcing” […]

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What caused inflation?

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Just a reminder to the public. Inflation was NOT caused by Biden. Inflation hit America and every nation on planet earth. What caused it? 1. COVID and the monumental effects on every aspect of society. 2. The private sector did a horrible job of dealing with COVID with a massive disruption in their supply chain.

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The Pattern of Inflation. Who is at fault?

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What is causing inflation can be answered with the 3 C’s.  COVID, Climate Change and Corporate Greed. Then toss in the Russian/Ukraine war, The Federal Reserve System raising interest rates and the financial power of the OPEC oil cartel controlling oil/gas prices. 1. COVID had a profound negative effect on every aspect of our society.

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