I'm not asking if inflation currently exists - it definitely does - but I'm more curious to know if it actually is a big deal? Is it just a transitory thing or are there actual warning signs for larger issues?
Someone who is good at economics please explain
People keep talking about inflation but I think it’s because the prices of things have been kept artificially low for the past two decades. The prices of food and oil have been kept artificially low due to government subsidies while wages have also stagnated. A kind of play to maintain the status quo and keep workers placated while the uber rich gobble up all the wealth.
It’s a charade that could only go on so long and now because of inherent flaws in the system it’s becoming unsustainable and prices are rising to where they naturally would be. I’m not sure how accurate of an assessment this is I’m just basing it off personal observations.