This Inflation Thing -- I'm Off The Net For The Afternoon -- Sophia Has Running Club And I Am Running Errands -- December 10, 2021

This inflation thing is interesting.

First, does this increased spending that has recently been passed by Congress and has not yet been spent yet, how does that affect inflation? 

Second, when did "used cars" become a thing? LOL. Apparently "used cars" are at the top of the "inflation list."

But if "used cars" is driving inflation, what's driving the high cost of used cars? New cars getting too expensive. Getting too expensive because new cars unavailable because shortage of computer chips? So, this inflation thing is being driven by a shortage of computer chips; it is not being driven by printing of more money by the Fed.

Third, if inflation is being driven by "Congressional" spending that spending occurred under previous presidents, for example, Donald Trump. Brandon has not been in office long enough for those money bills to even begin affecting the inflation rate. A lot of the money authorized by Congress during the Trump administration has not even been spent yet.

Shortages from China driving the increased cost of "stuff"? Sure, but I'm not sure if Hormel is shipping Spam to Texas and/or California via China. But that needs to be fact-checked.

Gee, I wonder if there's a bit of poor planning involved leading to increased prices. Folks in charge of ordering never expected "us" to come out of the lock down so quickly. 

This explains a lot why the market surged today, and why the 10-year Treasury is not yet trending toward 2.0 percent. And why bond yields are rising, which, of course, makes no sense. I don't really understand that but that's what "they" said on CNBC before I turned it off again.