UK posts the biggest jump in annual inflation on record - ABC News
https://abcnews.go.com/Business/wireStory/uk-posts-biggest-jump-annual-inflation-record-80029966

^{Well, I get some of my 'real' income loss due to inflation back.}

Social Security COLA largest in decades as inflation jumps - POLITICO

https://www.politico.com/news/2021/10/13/social-security-cola-boost-515878

Is higher inflation cause for concern?
Central bankers say they have it under control
https://www.economist.com/news/2021/10/08/is-higher-inflation-cause-for-concern
1 in 5 dollars in circulation were created in 2020

Inflation was underestimated; now overestimated.
https://www.economist.com/news/2021/10/08/is-higher-inflation-cause-for-concern

Marmite maker Unilever raises prices by 4% amid high UK inflation

https://www.theguardian.com/business/2021/oct/21/marmite-maker-unilever-raises-prices-inflation-uk

Inflation Report Hits Markets Hard
https://www.newser.com/story/313240/inflation-report-roils-bond-markets.html

Maybe We Should Have Listened To Larry Summers On Inflation
https://nymag.com/intelligencer/2021/11/inflation-larry-summers-biden-build-back-better-spending-manchin.html

The cost of living surged in October
https://www.consumeraffairs.com/news/the-cost-of-living-surged-in-october-111021.html

U.S. inflation: Which goods are driving up consumer prices?
https://www.fastcompany.com/90695665/octobers-inflation-was-the-highest-in-30-years-heres-whats-driving-it

Inflation Hits 30-Year Record as Prices Rise 6.2 Percent
https://www.mediaite.com/news/inflation-hits-30-year-record-as-consumer-prices-rise-6-2-percent/

New term from the team at Planet Money: skimpflation

https://www.npr.org/sections/money/2021/10/26/1048892388/meet-skimpflation-a-reason-inflation-is-worse-than-the-government-says-it-is

This is 100% correct. Talking to a hotelier a couple months ago. He said that since they don't have staff, they can't fill anyway. So though demand was down, prices were the same... with fewer services. Instead of the dozen people in Guest Rec, they had two.

The used-car conundrum
A handful of items are driving inflation in America
Our new measure shows that this portends lower inflation—but not enough for the Fed to lower its guard

https://www.economist.com/graphic-detail/2021/11/06/a-handful-of-items-are-driving-inflation-in-america

> Inflation Is Under Control


`The inflation genie is out of the bottle' as consumer sentiment takes a hit and Californians pay $12 for a regular burrito - MarketWatch

https://www.marketwatch.com/story/the-inflation-genie-is-out-of-the-bottle-as-consumer-sentiment-takes-a-hit-and-californians-pay-12-for-a-regular-burrito-11636747851

>under control

Debbie says Omicron is something of a scapegoat. Inflation -significant inflation- has been baked in according to old school economics.

Inflation may keep rising next year, in part due to COVID-19 Omicron variant, Fed Chair Jerome Powell tells Congress - CBS News
https://www.cbsnews.com/news/inflation-covid-omicron-variant-covid-jerome-powell-federal-reserve-congress/

Like water on a magnesium fire...

Biden: Highest inflation in 39 years means Congress must pass $2T spending bill

^{That's not how it works, Joe.}

The Dirty Secret of Inflation: Corporations Are Jacking Up Prices and Profits

QuoteThe US Department of Commerce reported at the end of December that corporate profit margins had hit the highest level in 70 years. You'll hear a lot of complex, and often conflicting, explanations for why this is happening now.

https://www.thenation.com/article/politics/inflation-price-gouging/

This cynic in me is telling me that the changes in our Covid policies has more to do with inflation than anything else.

Some price hikes are legit due to material costs going up.  But these higher costs should be temporary.

But for a lot of it, companies price their goods by "what the market will bear" and they are jacking up prices to see how high they can get away with.

In Europe Gas and oil is just going up again... cause.... Russia.

>Russia

Yep, that's going to be a new global disruptive force.  How bad is it going to get?  I feel like this one has a lot of negative potential.