3 ms·
What's interesting about this is that it seems that certain products are changing in price due to the bull-whip effect in supply chains. This is rather than the
by epistasis 5y ago
What's interesting about this is that it seems that certain products are changing in price due to the bull-whip effect in supply chains. This is rather than the traditional form of inflation where it's a monetary effect of more money being in circulation.
It's one of those times where viewing economics in terms of its steady state behaviors missed out on the true dynamics.