I buy white distilled vinegar regularly in gallon bottles. I use it to descale the tankless water heaters. The price for a long time since Covid came on the scene was $ 2.65 per gallon. Then two months ago the store raised the price to $3.75, a 40% increase. There was no justification other than sheer greed.Then last week the store started mailing out coupons for a dollar so my net cost came down to $2.75. Why did the store do that. $3.75 did not work. The buyers rebelled in their own sweet way.So if the supply chain distortions are smoothed out inflation will follow a natural southward trajectory.The most recent bout of inflation was caused by not just excess money in the hands of buyers, as the GOP alleges but also by a shortage of goods that defied norms.A piece of trivia: M1 and M2 which the Fed uses to track money supply that influences prices was highest during Trump's last two years in the White House. Remember Trump insisting and succeeding  in getting the Treasury to print his signature on all the millions of checks for $2000.00 that went out to both tax payers and those that did not pay taxes?

I buy white distilled vinegar regularly in gallon bottles. I use it to descale the tankless water heaters. The price for a long time since Covid came on the scene was $ 2.65 per gallon. Then two months ago the store raised the price to $3.75, a 40% increase. There was no justification other than sheer greed.Then last week the store started mailing out coupons for a dollar so my net cost came down to $2.75. Why did the store do that. $3.75 did not work. The buyers rebelled in their own sweet way.So if the supply chain distortions are smoothed out inflation will follow a natural southward trajectory.The most recent bout of inflation was caused by not just excess money in the hands of buyers, as the GOP alleges but also by a shortage of goods that defied norms.A piece of trivia: M1 and M2 which the Fed uses to track money supply that influences prices was highest during Trump's last two years in the White House. Remember Trump insisting and succeeding  in getting the Treasury to print his signature on all the millions of checks for $2000.00 that went out to both tax payers and those that did not pay taxes?

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