You do see where I'm going here... don't you? You need to stop wasting your time "lecturing" me and read some good books. Jim Roger's book would be an excellent start.
Of course I do. Those conditions are all the same thing. Supply is always “scarce” else there would not be “price.” Price rises because there is more money chasing the available goods both because there is more use and because there is more nominal money “printed.” There are several books I used to proffer for the edification of people with half an education and half an insight. But perceptive folks usually find them on their own and others can’t handle dry economics. Reagan was our most successful president economically because he one of two or three who have understood economics and was the only president with an Econ degree.