There’s rarely a good time for prices to rise a lot. Good luck finding someone who will tell you they enjoy it when their hard-earned dollars can’t stretch as far.
When you have cheap money (low interest rates), fractional reserve banking, and a government borrowing trillions of dollars, you inflate the amount of currency units being injected into the system. The more currency you have chasing the same amount of goods, the higher prices go.
There’s definitely an element of greed as they will take advantage in certain areas but the underlying issue of inflation is those that I mentioned above.
Is it really inflation, or just unbridled corporate greed?
When you have cheap money (low interest rates), fractional reserve banking, and a government borrowing trillions of dollars, you inflate the amount of currency units being injected into the system. The more currency you have chasing the same amount of goods, the higher prices go.
There’s definitely an element of greed as they will take advantage in certain areas but the underlying issue of inflation is those that I mentioned above.