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I'll chime in and say that covid lockdowns plus the war on fossil fuels (one of the dominant input costs of food production) is my best bet for explaining this.
by rsj_hn 5y ago
I'll chime in and say that covid lockdowns plus the war on fossil fuels (one of the dominant input costs of food production) is my best bet for explaining this.
Both of these are certainly policies advocated by the political leadership and prestige media.
However I haven't dug into the details of this, so my epistemic confidence is "moderate".
- trophycase 5y agoWhat war on fossil fuels? Just last year you had oil and gas prices at basically historic lows? Now suddenly gas/oil is back to "normal" levels and it's causing inflation?