You have to start with Covid-19 about 2 years ago now here in the U.S. Then you have to go to the shut downs the first year. Then you have to go to Delta which killed more people than the first wave or two in total so many more people died in 2021 than in 2020 from Covid.
Next, a chip manufacturing company in Japan burned down which really messed things up. Then people working in offices where they were indoors realized if they were over 45 they could easily die if they kept working inside with other people from other families. So, if they could afford to they retired. This was a terrible loss to all those companies who needed experienced long time workers who actually knew what they were doing.
So, you take the chip company burning down after Covid had freaked everyone out on earth. Then you have to take people retiring so they wouldn't die more in 2021 and 2022.
I'm not exactly sure why Gasoline is 50% more than it was at the beginning of all of this. This is one thing that doesn't make any sense at all at this point.
However, Used Cars costing 37.5% more makes sense when people cannot buy the new cars they want to because of no chips to build them. Now Intel is building a 20 billion dollar Chip plant in Ohio which makes sense too so American car building companies can actually get the chips they need to build more cars (which they don't have now).
People say food inflation is the worst but that is only the most obvious.
Have you tried to buy a new or used car recently or filled your car up at the gas station?
That's the real disaster now underpinning all the others (at least here in the U.S.)
Problems could be different depending upon what country you are in right now.
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