There is no point to your "warning"; inflation at these levels is not a problem and actually still short of official goals. This is how you recover from a recession induced by a pandemic. Shortages will be addressed naturally by market dynamics. If commodity prices rise, it motivates producers to kick into gear, makes low profitability operations suddenly profitable. If employees can't be found, much needed increases occur in wages.
Agreed! The free market has its flaws, but this situation is perfectly suited for capitalism to work its magic
This seems to be a supply side issue Should Biden be doing things that raise the cost of production and increase demand Limiting oil/fracking drilling...raising minimum wages..raising taxes on risk capitol..raising corporate taxes...excessive stimulus checks
Induced by a pandemic? LOL! You obviously aren't paying attention, or you're dumb...or both. If you want to inflate out of any recessionary period, you do so by investing in the production of goods and services. Here, you have artificial shortages being created while money creation is high — which is a recipe for out of control inflation if something isn't done. Of course, when someone starts talking that "free market" crap instead of giving a concrete explanation to back up their claims, you're dealing with someone who doesn't know what they're talking about.