Don't let the name fool you, inflation is not about prices increasing per se. It's about your dollar having less value.
In response to Covid The Fed "goosed" the economy by "printing" a ridiculous amount of new dollars. That obviously devalued what was already in circulation.
Devalue === worth less
Worth less === buys less
Voila...inflation.
The reason you / we don't understand is because no one - gov, Fed or media - wants the come clean on the impact of The Fed's Covid related decisions.
In response to Covid The Fed "goosed" the economy by "printing" a ridiculous amount of new dollars. That obviously devalued what was already in circulation.
Devalue === worth less Worth less === buys less
Voila...inflation.
The reason you / we don't understand is because no one - gov, Fed or media - wants the come clean on the impact of The Fed's Covid related decisions.