Yes everything is higher in price, some of the narrative smells though.
Sure, people 'are inside and bored' sure, so many are also ' inside bored and broke' relief or not. Supposedly people are also doing tons of gardening, yet my local HD is packed with everything, more planters than ever too . PVC prices are absolutely catastrophic, yet plenty of PVC , just at unsustainable prices.
I agree inflation is not necessarily bad, though I disagree we were due for more as we been having plenty of real inflation (not the bs government numbers) forever. Inflation is not bad, but only if its allowed to work right, and that hasn't been allowed in decades. And I do mean allowed, because they always come with the policy hammer against any pressure for needed salary increases, ( and have been wildly successful too).
I do think prices on many things will be lower later this time, might even overshoot down if the market is allowed to work as its preachers claim ( they probably won't let it overshoot anywhere though, they never have on anything overproduction has been clearly noted, but one can hope)
I say all this narratives smells, and its easy to add to it, Ford announced a 'stop' in some vehicles production. Most likely its a pause, and probably something that is not all that uncommon in car production due to a shortage of some part. Could be a day pause in reality, but you report it as a headline grabbing ' stop' and boom, we need government money cause of covid.
Hell banks can't have proper phone customer service, cause of covid, I am sure a bank hasn't had a centralized call center since 1950, surely by the 80s phone service from people's home was easy to setup. All these cause of covid crap really smell, because we never really " locked down" parts of Italy locked down, Wuhan locked down. Parts of the economy did "locked down" I mean many restaurants and hotels did get screwed, artists got screwed out of live shows stuff like that, got a real hit with the lock downs. Many many many, I would say most things never really stopped, and its necessary for them not to stop, might have suffered a slowdown at some point last year, but not much else. I don't know some of these narratives feels like they are making covid a one size fits all explanation, and thats fairly easy to do, I just think theres tons missing in it.
