Good points. Inflation is the number 1 boogeyman out there at the moment. The sad thing is even rising interest rates won't make a damn bit of difference. The only way out of this disaster in the making is a) ending all vaxx mandates/lockdowns everywhere in the world immediately. Omicron is to the point where it's a bad cold mild flu. It's time to open back up. This will solve the supply chain disruptions but it would take time to unwind. Just the amount of ships off California is enough to make you say seriously what the fuck to the people in charge. The other thing that needs to happen is the looney tunes far left has to drop this ridiculous climate change agenda. I'm all for the elimination of oil and gas if that's what the powers that be want, but they need to do it SLOWLY. The world uses damn near 100 million barrels a day. That's 4.2 BILLION gallons of oil every day of the year and it's increasing for the next five years at an absolute minimum. These are facts and they can't be argued. So they need to be friendlier to the fossil fuel industry. Encourage them to pump what they need to pump and allow them to build the necessary infrastructure in order to achieve oil prices in the $50-60 dollar range. The first one may happen this year. The second one has zero chance. The left will die on that hill. Oil prices are so high right now because all inventories are at critical levels, even jet fuel inventories are low. Just think how that looks once people start flying again. Refiners are currently seeing highest margins in the past ten years and half the world is still essentially banned from international travel. Think about that. The pent up demand is nothing like you'll ever see again in your life. Add in the fact that OPEC+ has almost no spare capacity left, which is why they can't even increase the 400k a month they agreed to. US oil is terrified of the President so they are going to bother spending money to drill more until oil is either much much higher or Biden relaxes. Oh check out the drilled but incompleted wells (DUCs). They have plummeted to 2017 levels and falling fast. Oil has a real possibility of getting out of control this year. Biden's answer was to release the emergency reserves lol. Can't make this shit up. Oh well. Inflation is here to stay.