Covid produced inflation, where the strength of the currency dropped. The Federal Reserve wouldn’t permit deflation, because you’d risk seeing a deflationary spiral. Instead, it’ll just see wages increase more quickly than prices for a period afterwards to restore buying power. This is a specific product that’s seeing a shortage — you can list plenty of points in the past where a good was in short supply and prices rose and then fell.
EDIT: Just in computer hardware, to pick an example, hard drive prices went up when we had that flooding in southeast Asia fifteen years back.
Thailand is the world’s second-largest producer of hard disk drives, supplying approximately 25 percent of the world’s production.[76] Many of the factories that made hard disk drives were flooded, including Western Digital’s, leading some industry analysts to predict future worldwide shortages of hard disk drives…As a result, most hard disk drive prices almost doubled globally, which took approximately two years to recover.
Even if everything you say comes true I still don’t see the prices coming back down. They never did after covid
Covid produced inflation, where the strength of the currency dropped. The Federal Reserve wouldn’t permit deflation, because you’d risk seeing a deflationary spiral. Instead, it’ll just see wages increase more quickly than prices for a period afterwards to restore buying power. This is a specific product that’s seeing a shortage — you can list plenty of points in the past where a good was in short supply and prices rose and then fell.
EDIT: Just in computer hardware, to pick an example, hard drive prices went up when we had that flooding in southeast Asia fifteen years back.
https://en.wikipedia.org/wiki/2011_Thailand_floods#Damages_to_industrial_estates_and_global_supply_shortages