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When I think inflation, I'm thinking wage inflation. It seems like stimulus checks have just temporarily increased demand, and supply chains have been disrupted
by h0l0cube 6y ago
When I think inflation, I'm thinking wage inflation. It seems like stimulus checks have just temporarily increased demand, and supply chains have been disrupted by covid, so some manufacturers are struggling to keep up and have to raise prices. The offer a variety of anecdotes, but no solid indicators. How does one decide whether a market is inflated?
- rabidrat 6y agoWage inflation lags price inflation, sometimes by years.
- h0l0cube 6y agoThat might be, but extrapolating a few anecdotes about demand pressure (e.g., increased purchases of beds) all of which seem to be related to short term disruption caused by the pandemic, into a story about inflation seems a little sensational.