This is a great example of how supply and demand, in the real world, works. Prices don't automatically rise during supply constraints, or demand increases. Pric

This is a great example of how supply and demand, in the real world, works. Prices don't automatically rise during supply constraints, or demand increases. Prices rise when those selling decide to raise them. Also, most people don't actually interact with markets day to day. They shop at distribution centers which have contracts with suppliers. To put it differently, throw out your economics textbooks because prices are far more complex. The reason inflation happens is producers decide to raise prices. It's a human decision made by a small group of people (management or owners of companies), not the mass of people spending.