It's not a normal market. Unusual chip and supply shortages have made several markets like the one for cars inelastic for traditionally elastic purchases. On su

It's not a normal market. Unusual chip and supply shortages have made several markets like the one for cars inelastic for traditionally elastic purchases. On such a wide scale you can just say "simple supply and demand" as you're basically just stating "water is wet". It's much more complicated than traditional versions of inflation.