Why is everything getting so expensive?

Prices on everyday products like groceries and diapers have increased dramatically in the last couple of years, with inflation often being identified as the culprit. This video takes a close look at the potential causes of the post-pandemic trend of rising inflation, examining why supply chain issues and plain old markups could be responsible for ever-increasing prices. Please click on the link below under Resource and watch the short video before answering the following questions in this weeks discussion board:

1. What is inflation? How is it linked to price?
2. What are the potential causes of inflation outlined in this video? Which factor do you think is the most likely cause of rising prices, or do you think it results from a combination of reasons?
3. Do you think government regulators should investigate if companies have raised prices to unsustainable rates? Why or why not?

As a reminder, resources should be used to support your responses such as your textbook or outside articles. Please do not use Wikipedia as it is not considered a credible resource.

Please, post your replies in this week's discussion board.

All initial posts must be completed by Wednesday at 11:59 p.m. EST.