#disclaimer i AM american and thus i don't know how inflation is impacting other countries like canada and mexico etc

[slopmaster9000]

economic inflation is defined as the general rise in prices over time. most people really only look at it as increasing cost of consumer goods, but there is also the cost of labor (i.e. wages). if what is happening in america right now is to be called "inflation," the cost of labor must also increase (i.e. wages have to go up) as well as the cost of goods. however, instead wages have largely stagnated while rent prices, gas prices, utility prices, and the overall cost of living have increased tremendously. thus, the current "inflation" in america isn't really inflation but instead simply price gouging on the part of companies for the sake of profit.

despite the pervasive use of passive voice among economists, prices rise in response to the desire for profit, not the increase in demand. companies jacking up prices on a scale like this does not come from high demand from consumers (especially considering how the average consumer can barely afford goods as it is now), but simply from the need to make the numbers go up.

demand higher wages. demand price caps on all goods and services. take back the value you create with your labor. the "invisible" hand of the free market is opaque and it's suspiciously shaped like corporations.