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> Besides, we're past "transient uptick" here anyhow. That was an argument for three months ago. Why? I am no real economist, but my common sense based armchai
by beefield 5y ago
> Besides, we're past "transient uptick" here anyhow. That was an argument for three months ago.
Why? I am no real economist, but my common sense based armchair economics would think that post-covid-mess inflation peak would take at least a year or two, maybe even more, not a couple of months? There are, after all, real supply (chain) issues to be sorted, which takes time, and which cause increasing prices.
- Hokusai 5y ago"What’s also apparent from her vantage point is that supply uncertainties, disruptions, and inflationary forces are here for the foreseeable future, perhaps into 2023. But how things play out this month, one of two peak seasons each year for goods, will be crucial in determining how long these shortages last and which companies are able to adapt." https://www.bloomberg.com/news/features/2021-09-16/supply-chain-issues-shortages-and-delayed-shipping-through-2023 https://www.bloomberg.com/news/features/2021-09-16/supply-ch...
- jerf 5y ago"A year or two" is not a "transient uptick". It's real inflation at that point.