The following bug has been logged on the website:
Bug reference: 17248
Logged by: Joseph
Email address: mayhem1421x@gmail.com
PostgreSQL version: 14.0
Operating system: macOS Monterey 12.0.1
Description:
During the installation, the install fails with "Problem running
post-install step. Installation may not complete correctly. The database
cluster initialization failed".
I've tried many of the fixes for previous versions of macOS and nothing.
