This has so little to do with vehicles. It’s an obvious finger to point albeit it’s small in the wider lens. The entire economy is structured around oil infrastructure and industry. All of manufacturing across the globe relies on affordable energy, logistics industry relies on cheap abundant oil to fuel global shipping, agriculture relies on cheap energy prices to keep the grocery store affordable. To name just a few..
If the cost of manufacturing consumer goods or agriculture rises due to higher operational energy costs, and the cost to transport the consumer goods internationally also rise due to fuel costs, and the domestic logistics systems to transport these goods and distribute across the nation to stock the shelves of every store you see all see a rise in costs to their fuel and maintenance. The price you see for the majority of consumer goods and foods available right now will inevitably rise far higher than currently advertised in order to balance out the new factored costs of manufacturing and distribution.
Our collective buying power is about to evaporate as oil price rises and the USD devalues. The Dollar will fall when Americans can’t afford the inflation and fail to afford the basics for survival.
Visible increases to homelessness and poverty in recent years have been the warning sign of the damage of inflation first effecting the most vulnerable in the societal class structure. But the bottom is going to rise to reach those who once felt comfortably far enough away from poverty and the bottom will continue to climb through the classes as inflationary realization finally snaps and the concept of affordability vanishes. Hyper inflation is a death sentence to an economy, and many examples throughout history showcase what it is like for the populous and the human suffering that follows.
Just a small piece to a much larger puzzle.
English
