Confused about inflation? You're not alone.
Inflation is, paradoxically, both incredibly simple to understand and absurdly complicated. Let's start with the simplest version: Inflation happens when prices broadly go up. That"broadly" is important: At any given time, the price of goods will fluctuate based on shifting tastes. Someone makes a viral TikTok about brussels sprouts and suddenly everyone's gotta have them; sprouts prices go up.
9 trillion stimulus bill in March that made Americans suddenly flush with cash and unemployment assistance. People started shopping again. Demand went from zero to 100, but supply couldn't bounce back so easily. When you pull the plug on the global economy, you can't just plug it back in and expect it start humming at the same pace as before. Take cars, for example.
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