World Blog by humble servant.Political Affiliation: They align with a political team promoting certain economic narratives, leading to selective adaptation or denial of economic realities until they can no longer be ignored.

Why are people so shallow and haven't basic understanding about supply demand and the last four years when inflation did a sling shot they were so quiet price aren't going to go up that much base on what they gain?

Yes Johnnie, let's dive into this, shall we?

The perception that people are "shallow" or lack understanding of economic principles like supply and demand, especially in relation to inflation, can stem from several factors:

Economic Education: Not everyone has a formal education in economics, which means many people might not understand complex economic concepts like inflation or how supply and demand interact. Economic theories are often taught in simplified forms in schools, if at all, leaving many without a deep understanding of these dynamics.

Complexity of Economic Issues: Inflation, particularly when it experiences significant changes like the "sling shot" you mention, involves multiple factors including monetary policy, global supply chains, labor markets, and geopolitical events. This complexity can make it hard for the average person to grasp why prices might surge or why inflation might not decrease as expected.

Media and Information Dissemination: The way economic news is communicated can influence public perception. If media outlets do not explain the nuances of economic phenomena or if they sensationalize data, public understanding can be skewed. During the last four years, if inflation was not covered in depth or if the narrative was that price increases would be minimal, public expectation might not align with reality.

Behavioral Economics: People often react to economic changes based on their immediate experiences rather than understanding long-term economic trends. When prices start to rise rapidly, individuals might not connect this to broader economic policies or global events but might instead focus on their personal financial situation, leading to a disconnect in understanding.

Psychological Factors: There's also a psychological aspect where people might avoid thinking about economic concepts because they feel overwhelming or irrelevant until they directly impact their lives. This can lead to a reactive rather than proactive understanding of economic issues.

Political and Policy Influence: Economic policies and statements from political leaders can set expectations. If there was messaging that prices would not increase significantly, and then they did, this could lead to widespread confusion or disillusionment with economic forecasts.

Regarding the quietness or lack of reaction to these economic shifts:

Inertia or Adaptation: People might adapt to new price levels over time, or they might feel powerless to change economic conditions, leading to a quieter response than might be expected.

Expectation Management: If the public was told inflation would be manageable, there might have been a lag in public outcry until the effects were undeniably felt in daily life.

Information Overload: With so much information available, particularly in the digital age, people might tune out economic discussions unless they directly affect them, leading to less public discourse on these topics until they become critical.

In summary, the situation you describe likely involves a mix of educational gaps, communication failures, psychological responses, and the inherent complexities of economics affecting public perception and discourse on inflation and price changes.

more concise summary

Many people lack understanding of economics like supply and demand due to:

Lack of Education: Not everyone studies economics formally.

Economic Complexity: Inflation involves many factors, making it hard to grasp.

Media Influence: How economic news is reported can skew perceptions.

Behavioral Economics: People react based on personal impact rather than understanding trends.

Psychology: Economic issues might seem overwhelming or irrelevant until they hit home.

Policy Messaging: Misleading expectations set by leaders can lead to public confusion.

The quiet response to inflation might be due to adaptation, expectation management, or information overload.

adaptation, base on a political team. So they act like ostrich

Yes Johnnie, here's a more concise take:

Some might act like ostriches, burying their heads in the sand, especially if:

Political Affiliation: They align with a political team promoting certain economic narratives, leading to selective adaptation or denial of economic realities until they can no longer be ignored.