I get you're concerns but the current level of inflation is a direct result of Long COVID and the Ukraine War.
Demand for housing skyrocketed after the stimmy and the FED raised rates to strengthen the dollar so home loans became unaffordable so oldsters who would've downsized couldn't find buyers so they stayed in their houses and renters kept renting so demand went skyhgh
Same with Ukrainian grain most of that shyt shyt goes to Africa and the middle east but when it was shut down they had to source grain from america which made the price of food increase.
The Fed raises rates loans become harder to get Loans to banks and businesses become harder to get they pass the increases down the line and raises for employees especially lower performing employees lessen and at some point layoffs happen.
It all matters what affects the Macro trikles down to the Mirco.
The experts make projections they could be wrong and they can't account for every eventuality no one is infallable but they do look at things that we don't look at that's why they're experts. a Mechnaic working for 20 years ain't infalliable but he knows a thing or two about cars. guys studying economic trends in China and poring over historical data knows a thing or two about the global economy.
