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Through this lens "supply chain problems" starts looking like a rather convenient scapegoat for preventing consumers from purchasing your wares before their cur
by pengaru 5y ago
Through this lens "supply chain problems" starts looking like a rather convenient scapegoat for preventing consumers from purchasing your wares before their currency becomes realized as worth less and your prices go up accordingly.
This is effectively what's happened with my inability to buy an IKEA table for months... it was constantly out of stock, and it's still out of stock, but its price has increased 15% from when I first attempted buying.
- ivalm 5y agoExcept it is the other way around, currency becomes worth less because people are willing to exchange more of it for the same item (eg ikea table). Demand -> inflation.
- masa331 5y agoI have a solution for you. Buy a table somewhere else
- colechristensen 5y agoWell there was an incredible increase in the price of wood for a while there (futures tripled normal prices for a while there) from both the supply and demand side (not to mention labor and shipping concerns). If you're Ikea you can either double your prices or severely limit production. You say "convenient scapegoat", but I think people were going to be mad about something regardless of how Ikea responded.