Inflation jumps to almost 6 %

[yousnoozeyoulose]

We're pretty much at the bottom rung when it comes to the international supply chain so it ain't surprising that we're adversely affected when the whole thing goes tits up. Punishment for living in paradise, I guess.

But thinking positively (because you have to in times of trouble), you have to go big picture. To quote the Washington Post - "Inflation is bad. But mass unemployment would have been worse"
https://www.washingtonpost.com/outlook/2...-stimulus/

There was no magical way we were going to avoid both high inflation and high unemployment. The people in charge had to choose one, Sophie's Choice style.