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>The supply issues certainly make it worse. But here's where we disagree and I encourage you to answer this question: Are cars/gas/consumer goods/food going u
by RC_ITR 5y ago
>The supply issues certainly make it worse.
But here's where we disagree and I encourage you to answer this question:
Are cars/gas/consumer goods/food going up in price because consumers can afford to pay more for them (demand-side) or is it because we are making less of that stuff? I agree it's both, but it appears to be supply WAY more than demand (given how loose monetary policy has been for 20+ years and how unprecedented this supply shock is)