Another viewpoint on the "inflation" problem: [View all]

[kentuck]

In my opinion, instead of inflated prices, we will soon experience deflated pricing.

The present inflation is tied directly to the Covid pandemic and the supply issues created by it.

Inventories were stockpiled and backed up in our ports when commerce was effectively shut down over large parts of our economy.

There was a shortage of drivers to unlock the bottlenecks at our ports.

People could not get the supplies they wanted and the prices went up. That is where we get the present inflation.

However, and it is starting already, when the bottlenecks are cleared up and the supplies are moving at a full pace, there will be an over-abundance of products for people to buy.

This will cause the prices to go down and we will experience deflation within the next couple of years, would be my prediction.