while it could be inflation (and that doesn't help) it could also be increased demand from all the teachers and government workers doing home improvements for the last year.
Increased demand and faux COVID scarcity.
Any time the Fed pumps huge amounts of cash into the system, inflation happens... the only question is, how high will it go.
The fed can pump money in and as long as the money makes its way to people who are collecting money (not buying lumber) then the inflation will not change prices. If the rich people spent their money tomorrow we would see everything 10x in price; as long as they don't spend it they can do things slowly, like buy up all of the farmland while promoting the destruction of the economy. There are many people who could have bought up the farmland, but one is really going at it.
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