As a teaching economist, this topic is obviously one that caught my interest. I agree with your analysis and, unfortunately, believe that this situation will only get worse before it gets better, primarily due to policy responses on behalf of the current group of politicians wielding control. Energy prices are the wildcard here, and while monetary policy ultimately drives long-run price changes (in this case inflationary), all goods have the costs of energy imbedded within them, whether it is due to production or logistics/distribution.
Anyway, keep posting these types of posts. I've followed you on FB for awhile but am not active there simply because of the climate surrounding thoughtful debate and the expression of opinions/facts outside of mainstream discourse. So in short, I'm welcoming the opportunity to engage more often.
Appreciate the kind words. I'm on the same page in terms of craving an intelligent discussion vs. the usual shouting that occurs on social media. I want to keep believing that there's a market for long form arguments vs. soundbites and memes.
As a teaching economist, this topic is obviously one that caught my interest. I agree with your analysis and, unfortunately, believe that this situation will only get worse before it gets better, primarily due to policy responses on behalf of the current group of politicians wielding control. Energy prices are the wildcard here, and while monetary policy ultimately drives long-run price changes (in this case inflationary), all goods have the costs of energy imbedded within them, whether it is due to production or logistics/distribution.
Anyway, keep posting these types of posts. I've followed you on FB for awhile but am not active there simply because of the climate surrounding thoughtful debate and the expression of opinions/facts outside of mainstream discourse. So in short, I'm welcoming the opportunity to engage more often.
Appreciate the kind words. I'm on the same page in terms of craving an intelligent discussion vs. the usual shouting that occurs on social media. I want to keep believing that there's a market for long form arguments vs. soundbites and memes.