2 ms·
> https://imgur.com/a/9UoXNdk https://imgur.com/a/9UoXNdk While amusing anecdata, your picture of a copper cable price is an indication of not much: > Well, b
by throw0101a 6y ago
> https://imgur.com/a/9UoXNdk https://imgur.com/a/9UoXNdk
While amusing anecdata, your picture of a copper cable price is an indication of not much:
> Well, booming economies often run into temporary bottlenecks, which show up in surging prices for selected goods. For example, the price of copper tripled between December 2008 and February 2011, even though recovery from the 2008 recession was fairly sluggish.
* https://www.nytimes.com/2021/05/06/opinion/us-inflation-federal-reserve.html https://www.nytimes.com/2021/05/06/opinion/us-inflation-fede...
* https://archive.is/64iz2 https://archive.is/64iz2
For a history of copper prices see:
* https://fred.stlouisfed.org/series/PCOPPUSDM https://fred.stlouisfed.org/series/PCOPPUSDM
If you look up the inflation rate 2008-2011 you'll find it was nothing to write home about.