[jjeaff]

While money supply is one of the factors, most economists don't seem to think it is the largest factor nor the most important. The world supply chain is still catching up from covid shutdowns. The auto industry is a perfect example of this. There are still waitlists for many new vehicles. Which has also caused increases in the used market. Now that supply chains are finally starting to catch up, we are already seeing prices fall in the used market, despite overall inflation.