Nick Anderson understands how it works…

“The economy is not nearly as bad as conservatives say it is, and some of the current inflation might be due to the torrid pace of job creation and subsequent competition for workers. But inflation is not confined to the U.S.  It is a global phenomenon created by pandemic-related supply-chain shortages. China, which manufactures a massive amount of global goods, is still in the midst of draconian lock-downs that exceed anything that we experienced in the U.S. That has a far greater impact on prices than any Biden stimulus package from 2021.”