A quick history lesson explains that inflation is caused by too much demand chasing too little supply. Now it’s one crisis after another: a global pandemic, economic uncertainty, the potential for a world war – all funneled into the highest level of inflation in 40 years. The typical anti-inflation weapon of raising the Fed rate likely won’t work this time. Why? Because in the developed world, more people are retiring, quitting or dying than there are enough workers entering the workforce to replace them. If that sounds harsh, join Robin Lewis and Shelley E. Kohan, TRR’s chief strategist, as they explore how fewer workers will result in lower productivity, meaning that supply will drop until birth rates increase. Fasten your seatbelt for a very long winter of higher prices and rising inflation.For more strategic insights and compelling content, visit TheRobinReport.com where you can read, watch, and listen to content from Robin Lewis and other industry experts.Be sure to follow us on LinkedIn and Twitter for the latest from Robin Lewis and The Robin Report.For more strategic insights and compelling content, visit TheRobinReport.com where you can read, watch, and listen to content from Robin Lewis and other industry experts.Be sure to follow us on LinkedIn and Twitter for the latest from Robin Lewis and The Robin Report.