Look at the world around us, it's all already happening!

BullRunner : I can't't believe Powel said thatt inflation prices effect food prices.

MonkeyGee : you know this is not real inflation right?  a majority of the increase is due to companies using inflation as an excuse to charge high prices.  How do I know?  Just watch corporate profits ( sales - cogs = profit),  it's not dropping  it's increasing.  The only was to put corporate greed in check is stop buying stuff that you don't need to survive.  if you keep buy it sends the signal that you are fine with the price increase.  I cut back on all my spending to only neccessary stuff.  past this message around so people understand.  This is basic economics,  of demand and supply.  

plucky Kangaroo1 : Inflation, affects every aspect of the prices on everything! because when inflation is up rate hikes of thee product products goes higher. so therefore prices on consumer products goes up

MonkeyGee plucky Kangaroo1 : agree, that is text book.  but this is real life.  inflation is driven by price gouging.

Giovanni Ayala :