yes, it is true, but it is not the ONLY cause of inflation
Posted on: July 11, 2022 at 09:42:16 CT
tigerinhogtown STL
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when a basic and heavily relied upon commodity (oil) demand raises but supply doesn't then the price of that commodity will increase inflating the cost of everything dependent upon that commodity (goods dependent upon transported by and manufactured by that commodity)
Edited by tigerinhogtown at 09:42:50 on 07/11/22