What’s Going on with Inflation?

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Infographic: Inflation Woes Hit Developed Nations Differently | Statista

Katharina Buchholz at Statista notes,

Economic recovery following the lockdown era of the coronavirus pandemic has caused the price of goods and services to rise since the start of 2021 in many developed nations. Consumers catching up on spending coupled with persistent stock problems have created a climate of scarcity as pandemic effects continue to influence the global supply chain.

…but why is there no mention of massive money printing by central banks around the world — and especially the Federal Reserve — as the proximate cause?

The late economic analyst Robert Wenzel predicted this would happen prior to his death in May 2021. For an outstanding explanation of what is going on with inflation and prices now, watch this excellent 20-minute video Wenzel made one month before his death: