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Imported moon cake joke
Another reason is that the productivity of the United States has declined because of the epidemic. Moreover, the United States did not manage the epidemic well, causing many people to live on the streets. The COVID-19 infection rate in the United States is still high, and the mortality rate is also the highest in the world. The United States suffered a once-in-a-century crisis in COVID-19, but it didn't attract enough attention, resulting in an epidemic out of control and unprecedented losses. The indirect result is supply chain interruption. Indirectly, it also makes inflation exceed expectations.
The energy crisis has also made inflation worse. The demand for energy in the United States is still very large, and a lot of energy is met by imports. The Russian-Ukrainian war led to an increase in bulk energy prices! This triggered the prices of export commodities all over the world, and indirectly affected the prices of imported commodities in the United States. This is imported inflation. For the United States, it's just that it rains all night, making things worse.
The United States is experiencing the worst inflation in more than 40 years. It can't be a single reason, but a combination of many reasons. This is a worldwide inflation. As a world economic power, the United States is of course the most seriously affected by inflation, and the world economy is integrated. In this case, the United States accounts for a larger proportion of the world economy, so it will be more seriously affected by inflation, which is beyond doubt. So the life of many Americans is not so good now, and inflation has seriously affected their normal life.
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