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Reply to "Can someone explain to me why we have such high inflation now?"
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[quote=Anonymous]I agree with a lot of what's already been said. Some of it IS supply chain. Meaning that we paid people money to stay at home and produce nothing. More money chasing less goods = inflation. A lot of that money went into the stock market. I had 60% nominal gains (not annualized) in my stock portfolio with a conservative allocation from jan 1 2017- jan 1 2022. That's not normal. Housing gains are not normal. Europe's inflation is different- most of it began after the Ukraine war situation due to associated problems with sourcing energy.[/quote]
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