The Fed has dumped a ton of money into the economy, the result of that is a devaluing of every dollar in existence. The devaluing of the dollar equals inflation, basically, it takes more dollars now to purchase the same item that cost less dollars in the past. These inflationary pressures may be temporary, but odds are that at least a portion of the inflation will be permanent, especially since wages have also gone up. My prediction is that once demand returns to normal, assuming it does, then base prices will be 10 to 15% above what they were just before the pandemic.

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VCDL, GOA, NRA