Inflation Situation!
A. Macro level : What happened? We have inflation because our government has printed too much new money, compared to the size of the economy and its growth rate.* Recent giveaways (to virtually all taxpayers) have put more money in the hands of consumers, and when they have more money to spend on a limited supply of goods and services, the prices will go up (that is demand-side inflation). And if those goods and services are scarce (because of recent supply chain issues**, then prices go up more (this is supply-side inflation). We're seeing the worst inflation rate since the 1980s. *The US government has spent itself into a black hole from which there may be no escape: We punish any politician who even timidly suggests a balanced federal budget, and therefore we continue spending more on federal programs than incoming tax revenue can pay for. So we borrow the difference, creating a burgeoning mountain of unpayable debt that will destroy the lives of our future generations. F...