Disease, disaster, war all cause significant inflation because they harm or destroy both things and productivity in the real world without destroying money.
If factories shut down and supply chains are disrupted and we only make half as many cars this year, how much would people be willing to pay for those cars? Much more.
If factories shut down and supply chains are disrupted and we only make half as many cars this year, how much would people be willing to pay for those cars? Much more.