https://steadystate.org/a-perfect-storm-for-inflation-covid-loose-money-and-putin/
and
https://steadystate.org/wp-content/uploads/2009/12/CASSE_Brief_TrophicStructureOfTheEconomy.pdf
Failure to recognize the importance of the "trophic structure of the economy" is a shortcoming of many policy makers, and it must be overcome if we are to survive & thrive both individually and as a species. Without healthy, fertile soil, healthy plants, adequate access to fresh water, and clean air, we will be facing more & more economic, ecological, and societal disasters.
Severe inflation is a symptom, and it's not even the most damaging one. The underlying cause is the disease (or, one could say, dis-ease) of ignorance of thermodynamic, biophysical, and trophic principles. In plain language, it's the disease of the pursuit of unlimited growth in a finite habitat and overconsumption of energy & goods. Negative/destructive results of such a pursuit are multi-faceted. The damage caused by this disease is multi-pronged, and persistent. Evidence of that can be seen by examining the current state of the world, a state which is the direct result of "growthism".
The way off our destructive path is to begin a gradual transition to a steady state economy. Open your mind, and find out all you can about that option.
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Not only my opinion. Be Well
