> current inflation is the result of sabotaging the supply chain This is an often repeated misconception (signal boosted by the White House, no less), but a l

> current inflation is the result of sabotaging the supply chain This is an often repeated misconception (signal boosted by the White House, no less), but a lot of the purported supply chain disruptions are a result of consumers flat out just consuming more stuff: https://www.businessinsider.com/americans-spending-goods-versus-experiences-supply-chain-crisis-2021-10 https://www.businessinsider.com/americans-spending-goods-ver... A chip shortage can explain the cost of a car going up, and a global war can explain the cost of gas or wheat. But why is the cost of domestic beef going up? Or a cubic yard of soil? The old Monetarist explanation is clearly the right one - there is too much consumer money in the economy. From both stimulus (much of which was initially good), but clearly interest rates have been too low for too long.