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The REAL Reason For This Decade's Inflation
Our current economic reality is shaped by a confluence of historical events. This video shows how the pandemic, demographic trends, and the Ukraine war collectively sparked a new kind of inflation. You will get a unique perspective on the forces driving up the cost of living.
Full episode: https://youtu.be/E450WRL0MJU
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This decade's inflation is not a simple story of a single variable. Many are asking why is inflation so high now and the reasons for current inflation are much more complex. We go beyond the simple notion that is government spending the only cause of inflation to examine how a perfect storm for inflation was created by multiple, interconnected factors. This video provides a detailed breakdown of the real reason for inflation, exploring the global supply chain issues and inflation that began with the COVID-19 lockdowns. We show how demographics and inflation are linked, with the baby boomers retiring inflation being a major contributing factor in a global labor crunch. We also explore the Ukraine war impact on inflation, particularly its effect on food and energy prices. This economic commentary on inflation also questions if China's economy is causing inflation, as well as addressing the more general questions of why are prices so high and why is everything so expensive. We also touch on MMT modern monetary theory on inflation and the question of why did the fed raise interest rates. Ultimately, this inflation explained video argues that beyond government spending inflation is a complex issue of supply and demand, labor shortages and inflation, and shifting global dynamics. You will gain a clear understanding of what is purchasing power and why it has been eroded over the last few years.
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