my fear is that the higher prices we see currently due to "shortages" in supply will be permanent at some point.
I remember when gas was $1/gal ( sometimes under $1) then spikes to $1.50- the explanation? oh its because oil prices climbing.
ok makes sense. But then oil prices sink. But the resulting lowering of gas was around $1.20. Not back to $1.
Repeat that 3-4 times in last 20 years and now we are HAPPY when gas is $2.25/gal.
I fear the same with many other things now will slowly work its way into the price point for many commodities.