The current increament in the cost of commodities in the market is alarming bad yet the majorities who are representative of the minorities (politicians) seem to pay less concerned.
This too is a source of worry for me, coming from a third world country with obvious nonchalance from politicians and the wealthy who have refused to fix a decaying nation. It's commonsense that those who are profiting from the skyrocketing price won't want to give it up. So, I don't see price descending any time soon. It may work in countries where supply and pricing mechanisms are still in place. Sadly, I don't see that happening on the part of the Africa continent I'm from. At one time, the Nigeria government blamed the inflation in the country on the activities of crypto and Forex traders in the country. Thus, part of the reason cryptocurrency was banned in Nigeria in February this year. That's poor judgement on the part of the government to think so. Commodity prices started skyrocketing when the government closed certain borders and placed restriction on Forex exchange to individuals. And that's a country with over reliance on importation. It's expected that such an action will only lead to inflation, and that's what is happening now.