this post was submitted on 15 Feb 2026
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Covid produced inflation, where the strength of the currency dropped. The Federal Reserve wouldn't permit deflation, because you'd risk seeing a deflationary spiral. Instead, it'll just see wages increase more quickly than prices for a period afterwards to restore buying power. This is a specific product that's seeing a shortage
you can list plenty of points in the past where a good was in short supply and prices rose and then fell.
EDIT: Just in computer hardware, to pick an example, hard drive prices went up when we had that flooding in southeast Asia fifteen years back.
https://en.wikipedia.org/wiki/2011_Thailand_floods#Damages_to_industrial_estates_and_global_supply_shortages