They've simply added money to the system, thus lowering the value of money; There's a flight to tangible assets: cars, houses, gold/commodities/etc. Combine that with relaxed lending standards: anyone can run out and get a car loan even with garbage credit, and credit unions willing to go 84+ months on older vehicles = higher prices. Throw on top just for fun the alleged "chip shortage" and poof!!
The gov't does a wonderful job of cooking the books so that real inflation numbers look lower than what they actually are.
The goal here is the US Gov't has a ton of debt (due to poor priorities, which don't include YOU or anyone else that's chosen to live responsibly!!!) = cheapen the money = cheapen the cost of debt.
Anyone truly interested in this topic would enjoy watching some of George Gammon and his whiteboard and somewhat comedic approach:
https://www.youtube.com/watch?v=5l-HCaHQw2M
He's one of the few that understand the power, and haphazard consequences on everyone due to the actions of the federal reserve (I know I Know, it's really BORING material, but it affects everything).
Sadly, when voters are presented with TWO options:
A) "Free stuff"
or
B) Work sucks, but get used to it and go get yours
Voters tend to vote for option A, and just look at the 9,270,000 available jobs, highest ever recorded! Great if you're trying to be popular, get elected, win votes, but ultimately it's unsustainable and the gov't/fed/banks/corporations get to pick the winners and losers, and lets just say, you're not on the list of people that are going to win unless you already hold assets prior to when the mass inflation hit. For most people they're going to see barely rising wages, but a HUGE cut in purchasing power, but everyone can "FEEL" good because they got stimulus money. Ya know, the Feez over Realz crowd.
Both the Federal Reserve and Gov't has painted themselves into a corner from a fiscal and monetary policy perspective. Eventually inflation will be undeniably high, and the gov't won't be able to cook the books anymore, so that the Fed will be forced to raise rates ( See:
https://www.cnbc.com/2021/06/07/the-...purchases.html ) , and big daddy gov't will cut everyone off unless you fall into the "special" category ( that's really what people are battling over because they want free ____ ). Then all the moratoriums will end, and BOOM = Now you finally let price discovery occur and there's gonna be a lot of pain n suffering.
But not all is lost, because people want to "FEEL" that things are great, so you'll continue to see pushed by popular media: "EVERYTHING IS FINE!!!" and new alien sightings, anything to distract the masses from what is actually occurring:
1) Corporate monopolization of even bigger supply chains and various sectors of the economy
2) Politicians pretending to care while helping to facilitate the sell of assets to foreign "investors"
3) People bickering as the ship is sinking on who should get the few scraps left behind (that's going on now, hence the 456 versions of victim hierarchal debates).
4) Big players like China just waiting, licking their chops and ready to make a move.
5) Increase in mass homelessness and eventual deflation occurring in certain sectors, whereby big capital investment firms will swoop in to buy assets on the cheap.
6) Rentership society - Go research the really nice people at Blackrock, buying up entire neighborhoods - monopoly game 101. While some would argue economies of scale can lead to lower prices, in these cases it's higher prices, worse quality, race to the bottom from a living standards perspective.
7) More of this: "The Company IS your family" = "I love working 80 hours a week" Nonsense pushed by the sellout sociopaths whom have risen to the top in many corporations. Because, eventually one day we're all going to be on our death beds just wishing: "Wow, I wish I would have worked even MORE hours for those shareholders" not: "Wow, I wish I would have spent more time watching my kids grow up, with my family, etc.."
Just my "opinion" but that's what IS going on. Not what anyone wants to hear, cuz we're now in a
FEELINGS based society..
So here's the feelings based version: "Everything is fine maaaaan".
Here's the rational / fact based version: Regardless of where anyone falls on the socioeconomic or political spectrum, the majority of people are going to see lower living standards on our little joyride to corporate rulership.
and the best part about it: You HAVE to participate in order to survive. Opting out isn't an option. Genius really. This is why most want the blue pill, it's easier and pacifying.