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Why Did Everything Get So Expensive?

posted by Jason Kottke Mar 01, 2023

From Vox, an inflation explainer video that sums up the three primary explanations for the current rise in prices worldwide — Too much money, supply shocks, massive markups (aka corporate price gouging) — and what governments can do about it.

Right now, inflation is inescapable. At the grocery store, the gas station, and in almost every country in the world, people are playing more — way more — than they did just a couple of years ago for everything.

In this video, we explore three explanations for why prices are rising, as well as different policy options for bringing them down.