• D61 [any]
    ·
    2 years ago

    No one reason but lots of little things.

    A few key imports are in short supply for their export markets and prices for those items and downstream products will go up. With proper price controls or subsidies from governments there shouldn't be too much of a price hike passed on to the final customer. But since those won't happen and the capital classes don't like it the line on their profits graph goes down, price hikes will be passed down to the final customers to help keep their profits high.

    Politicians, bureaucrats, pundit classes talking about inflation gives cover for lots of other businesses to raise their prices even when their costs haven't gone up significantly.

    Housing being a thing that you rent (without rental price controls) instead of own.