Here is the cause of inflation - OIL As its price rises, initially, nothing changes ( Arrows)
But once the increase in cost is begun to be felt Retails prices rise to cover increase costs of manufacture, transport, staff Staff demand more wages so they can buy goods Repeat
Then The FED comes in , raises the cost of Borrowing, putting pressure on retail to LOWER prices so that the Pubic can buy goods Note how the price of oil drops PRIOR to the effects of raises in interest rates HERE is your Problem Also, take note of the contract that the Petro$ had and that has now been Stopped by OPEC countries. The OIL charts over the next few years are going to show some interesting patterns I thinnk
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