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Yes: inflation is caused by rising prices just as hurricanes are caused by falling trees.

yes we are seeing inflation, but inflation is not 4x. So it is a mix of inflation and increased demand, lower supply. Multiple factors. It's too simple just to say this one thing caused this. However when demand goes DOWN, you will see prices go down minus inflation.

Example: 556 was 30 cents, now people want a dollar or 1.5 when this hit. Inflation was not 4x that is demand/fear pushing the prices to 4x. So so when demand comes down and inflation remain we might be at 40 cents, which is a lot more reasonable.
 
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