I was listening to NPR in the car today and they were talking about inflation. They always talk about inflation now. But it confuses me because isn’t inflation supposed to be the increase of price of everything due to something other than practical, on-the-ground market problems? Things cost more right now because of supply chain problems, low interest and high demand. When lumber became super expensive, that wasn’t inflation. If it was inflation, how could you explain that resin-based wood was more expensive than natural wood? You can’t, because the resin plants were hit hard by covid.

I think NPR insists on the inflation thing because they are liberals and recognizing the real cause of these high prices would mean admitting that the lockdowns were way more dangerous economically than they thought and that people against lockdowns actually had a point if a morbid one.