Inflation is busting out. The 7.9% claimed as the current U.S. yearly rate of inflation is but a minimum bid on the true reality (which is certain to be much higher than what the government reports).
The various powers that be are busy pointing fingers of blame for these horrendous inflation readings in every direction but the right one; at themselves. And, they are more focused on blaming others instead of fixing the problem.
The true source of inflation is excessive money printing and deficit spending. The past two years have been unlike anything in history on both fronts. Clearly, for anyone looking, it did not start with a Putin military buildup outside Ukraine per the current narrative.
So, it’s time for everyone to let go of the idea that things will somehow magically revert to how they were before. It will not get better. So, it’s time, instead, to plan as if several decades of really bad decisions, false ideas and fake narratives are finally coming home to roost, which they are.