Price fluctuations under a sane monetary system would be driven purely by demand and supply dynamics determined by the amount of raw materials available to producers and the demand for goods and services by consumers at any given point in time.
Discussion
Bluf: fiat economists run cover for the fed.
“The reality of the situation is the Fed needs to raise its inflation target because the credit system demands it. The only way out is default via debasement. Consumers be damned.”
9D chess: Tell your normie friends and fam now that the long-standing target inflation rate is going from 2% to 3% then 4%.
When it does, they will be more receptive to orange-pilling.