Caught in 4K: Jerome Powell Admits We’re All NPCs in Capitalism’s Game

You know what would make a really good South Park episode? After the worst of a global pandemic, people head out into the world and start trying to spend the huge amounts of money they’d been saving (and getting from the government to afford basic necessities) while the economy was shut down. But there’s a problem: the supply chain is still screwed up from all the pandemic stuff, so people are trying to buy more stuff than there actually is. And so prices start to skyrocket.

In response to skyrocketing prices, Fed Chairman Randy Marsh decides that the best thing to do… is deliberately cause unemployment so people have less money to spend. And then he says it out loud at a press conference before a host of incredulous reporters.

Welp, good news / bad news: you don’t have to wait for Matt Stone or Trey Parker to take on this scenario. It just happened a few days ago, and we’re about to live through the consequences.

How We Got In This Mess

Just as a quick recap; here’s why everything’s getting so damned expensive:

• The supply chain is still genuinely screwed up from the pandemic. Shipping and trucking remain a hot, flaming mess. Which means that the the supply of goods is rather constrained.