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Something I haven't seen anyone mention yet is demand-pull inflation. I think the reality is a lot of manufacturers and distributors have been reluctant to rai
by Enginerrrd 5y ago
Something I haven't seen anyone mention yet is demand-pull inflation. I think the reality is a lot of manufacturers and distributors have been reluctant to raise prices, feeling that the demand surge is temporary. In truth, I think it's likely that prices just haven't caught up yet. That means demand has outpaced supply for that whole period.
I think there are other reasons for the shortage, but they've been exacerbated by the inflation issue.