Quote:
Originally Posted by PaulS
Americans shifting spending habits due to covid are the reasons for inflation. Even though it's wrong the current president always gets blamed or credited for the inflation rate.
Posted from my iPhone/Mobile device
|
It's mostly a supply and demand issue. Global logistics are restricting supply and people are spending more money now that things have opened up a bit. When they say it's expected to be temporary I don't think they meant just a few months. Will take into next year to sort out best case likely.