But I thought it was JustInflation?? Your unsubstantiated attempt to link global inflation to perceived COVID overreaction is one of the worst takes I've heard.
COVID is currently running rampant and we have no public health measures in place to counteract it. Instead, the Western World has conciously decided to let hospitals and vulnerable people take the brunt of it. Although COVID is visible through the windshield and side windows, we are already pretending we only see it through the rear-view.
Is that the hysteria you're referring to?
keep going Oscar...the next truck convoy is around the corner, but this time they will be joined by a few thousand truckers who cannot afford the $2 plus Diesel. $2.12 on Friday. Add to it Fuel permit and any independent trucker is out of business. Any company man will see a 1% raise, his hours increased and his buddy laid off. And you will see it at the grocery store.
Let's see Mom and Pop stare at a $6/lb for chicken and they have two teenage boys who can eat 2 lbs each.
Luckily, there are more of them, then of you and we will see what happens to restrictions! I want to see how Grandma is treated at her old folks home, when the workers around her are not overly happy that their 1% raise, totaling $500, yet they have to pay an extra $20/week in gas. I will make the math easier on you = $1040..So a net loss of $540... Grandma may have to wait a good hour or two in her own stool, as they are figuring out how to pay for juniors $6/lb chicken.
I hope the Covid hysterians are weighing all of this.
Global inflation is an idiot term...it is caused by forces that disrupt supply. Like purposeful jacking of prices by cartels..That can be countered by easing costs at this end. And so removing taxes, by removing costs associated with fees and services at this end. And oil costs are not the sole drivers..food production in addition to transport cost...production cost of goods and services...
Keep all costs as low as possible and you can counter the OPECs..Fuel is significant, but not 100%. A healthy global economy based upon lowest dollar will counteract OPEC and Putin, etc. That cannot be, if at every turn we scream COVID. And it cannot be if if we continue to burden ourselves with insane health care costs. We have bought 1/2 billion masks from China..1/4 billion in cost..for one item and straight overseas. if that money had been donated to diabetics, it would have paid for children on insulin in Canada!!
Keep going... June is coming, let Old Doug keep singing the covid song and let's hear Premier Del Duca.