My right-wing boss who predicted a red tsunami yesterday said

[jaxexpat]

88. I've been told how totally wrong I am, but.............

I still see inflation as simple price gouging in a vacuum created by temporary shortages. The markets realign with surprising quickness, but their duration is controlled by the same forces, efficiencies, which contribute to the realignment. As this point, inflation is being artificially sustained by middlemen who are taking windfalls from panic pricing opportunities they have a hand in generating.

There was one guy who agreed, Joe Biden, and he pretty much told the producers of petroleum products, for instance, to stop with the artificial scarcity and the unnecessary punishment it was bringing to regular consumers. Unfortunately, they were still nursing the damage to their control of the world's energy prices inflicted by his totally reasonable domestic drilling restrictions and don't give a damn what a Democratic president thinks is patriotic or not. The same could be said of international shipping concerns who stand to go broke or get "really" well as they scramble, reacting to new markets created by filling shortages created by geopolitical shenanigans.

I see the solution to inflation as the same solution to government corruption. Enforce current laws. White collar criminals and the wealthy/powerful can sit in prison cells just like rapists, thieves and murderers. Unfortunately, the equivocation which currently suffices for legal theory up and down our justice spectrum does not allow for interpretation or enforcement of statutes in ways which may cause the feathers of entrenched bureaucrats and energy dons to ruffle.

So whuddawedo? Take it, until we can't.