Inflation is mostly a symptom though. Of natural resources getting scarcer (harder to extract). As you can imagine the price of gasoline is quite tied with the worldwide market price of oil.
And overall we have in the West (and in the US in particular) been living way "above our means" for more than half a century. And this 'debt' is starting to come due. It will get a lot worse too, for longer, before it starts getting better again.
And overall we have in the West (and in the US in particular) been living way "above our means" for more than half a century. And this 'debt' is starting to come due. It will get a lot worse too, for longer, before it starts getting better again.