{"id":60098,"date":"2021-10-26T07:08:01","date_gmt":"2021-10-26T12:08:01","guid":{"rendered":"https:\/\/olduvai.ca\/?p=60098"},"modified":"2021-10-26T07:08:01","modified_gmt":"2021-10-26T12:08:01","slug":"transitory-shortages-inflation-are-actually-your-quality-of-life-being-stolen-right-before-your-eyes","status":"publish","type":"post","link":"https:\/\/olduvai.ca\/?p=60098","title":{"rendered":"“Transitory” Shortages & Inflation Are Actually Your Quality Of Life Being Stolen Right Before Your Eyes"},"content":{"rendered":"
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“Transitory” Shortages & Inflation Are Actually Your Quality Of Life Being Stolen Right Before Your Eyes<\/a><\/h3>\n

The Washington Post published an op-ed urging Americans dealing with product shortages to lower their expectations. My response? Don’t settle. Failed policies have our country devolving.<\/strong><\/p>\n<\/div>\n

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There\u2019s no doubt our country has all of a sudden slipped into the most precarious state we\u2019ve been able to readily confirm with our own two eyes in decades.<\/p>\n

We are suffering from runaway inflation, we have a monstrous labor shortage, and products we normally would have abundant access to are missing from store shelves. The country doesn\u2019t produce anything anymore, we have doubled our Central Bank\u2019s balance sheet in under two years and the money supply has gone parabolic.<\/p>\n

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Source: Minn Post<\/figcaption><\/figure>\n<\/div>\n

And engineering solutions for these issues requires correctly identifying where the problem is coming from to begin with. It appears we can either go one of two directions when we try to deduce the cause of these issues.<\/p>\n

The first direction we can go in is to point to monetary and fiscal policy and look at their direct effects on the state of the country and our economy. This, I believe, is the pragmatic approach to solving the issues our nation faces.<\/p>\n

The second direction, according to a new\u00a0Washington Post op-ed<\/a>, is apparently to blame and shame ourselves for being greedy and assuming that we ever deserved such a quality of life to begin with.<\/p>\n

The Post recently published a piece called “Opinion: Don\u2019t rant about short-staffed stores and supply chain woes<\/em>\u201d, which put this argument on the table, basically telling people to shut up and be thankful for the little they have.<\/p>\n

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Source: WaPo<\/figcaption><\/figure>\n<\/div>\n

\u2026click on the above link to read the rest of the article\u2026<\/p>\n<\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

“Transitory” Shortages & Inflation Are Actually Your Quality Of Life Being Stolen Right Before Your Eyes The Washington Post published an op-ed urging Americans dealing with product shortages to lower their expectations. My response? Don’t settle. Failed policies have our country devolving. There\u2019s no doubt our country has all of a sudden slipped into the […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[2,6],"tags":[124,538,13351,20223,3237,11402,5228],"class_list":["post-60098","post","type-post","status-publish","format-standard","hentry","category-economics","category-liberty","tag-central-banks","tag-money-printing","tag-price-inflation","tag-quoth-the-raven","tag-supply-chains","tag-supply-shortages","tag-washington-post"],"_links":{"self":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/60098","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=60098"}],"version-history":[{"count":1,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/60098\/revisions"}],"predecessor-version":[{"id":60099,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/60098\/revisions\/60099"}],"wp:attachment":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=60098"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=60098"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=60098"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}