I am basing the diesel connection to inflation based on a report from a diesel truck operator. In the report he spelled out changes in his diesel fuel cost last month compared to a 24 months back. From memory, it was close to triple high cost currently.
I am sure you are well aware from farms & mines to factories, from factories to warehouses, from warehouses to retail facilities, everything moves with diesel fuel.
i agree wi everything, i just don’t see mfg’s lowering prices simply because oil/their costs goes down if they can help it...
they want it all to be the new normal
Absolutely, not arguing with you. Just a minor point that monetary inflation is created in Washington DC and no where else while price inflation can happen in many different ways.
We are currently experiencing both in many different areas.