Inflation Is Not A Monetary Phenomenon. It’s Planetary

Inflation is because we’re actually running out of ‘supply’, and demand more than ever

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Behold how the Horseman of Famine carries scales. Food is available, it’s just too expensive. Albrecht Dürer, The Four Horsemen, probably c. 1496/1498

When I took intro economics — which, in hindsight, was akin to a Hitler youth rally — they showed us supply and demand curves. If there was less of something, the prices would go up. This is one of the times the otherwise…

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Indrajit (Indi) Samarajiva is a Sri Lankan writer. Follow me at www.indi.ca, or just email me at indi@indi.ca.