$Crude Oil Product (LIST2721.US)$$Natural Gas (LIST2582.US)$...

$Crude Oil Product(BK2721.US)$ $Natural Gas(BK2582.US)$ “Money” printing has nothing to do with the inflation being seen right now. It’s 99% Covid disruption.

It’s still highly concentrated but costs are spilling into other areas as more disruptions crop up.

Personally, I gave capitalist enterprises too much credit on restoring their normal flows. They’ve utterly failed at planning and hiring and innovating Covid rules/solutions. I thought they’d get things back on track by the end of this year.

Now, I think it supply chains won’t return to “normal” until 2023. Inflation has probably peaked or close to it. But it’ll be another 1-2 years before inflation gets below 2.5% again.