*Welcome to the Great Inflation — Or, Why We Have to Pay for the Hidden Costs of the Industrial Age.*

The article argues that inflation is going to run fast for quite a while. Alongside increasing poverty.

This argument seems plausible to me. If you know of a reputable counterargument, I'd like to see it. No conspiratorial explanations, please — I am very skeptical of them.

I don't think this explains all of what is happening — for instance, although some jobs have disappeared, that doesn't explain why millions of job offers are unfilled while millions of people need work.

The perverse and dangerous concentration of industry over the past few decades has exacerbated the problems we face now. For instance, if we produced chips in 50 places rather than a handful, most of them would not have problems at once.