4 ms·

I would argue that the supply chain is the economy, and the rest is fantasy if and when money can't make the supply keep up with the growing demand. Innovation

I would argue that the supply chain is the economy, and the rest is fantasy if and when money can't make the supply keep up with the growing demand. Innovation used to save our bacon, but now you have to innovate just to stay in the same place. Just pouring money on the problem doesn't work, it increasingly won't with climate change. So we are between a rock and a hard place, inflation and recession. Choose your adventure. If the future could vote it would vote for curtailing demand across the globe.

SkyMarshal 4y ago
> I would argue that the supply chain is the economy, Agreed, though that includes not just the supply of things, but the supply of money as well, which is also being reduced as the Fed raises interest rates.
victor106 4y ago
> I would argue that the supply chain is the economy, and the rest is fantasy… An increasing and rapidly growing part of the economy is Services and Services are not that dependent on supply chains. Also supply chains were disrupted mainly due to the world economy being overly dependent on China and China being shutdown. In the long run this might actually be bad for China as countries pass laws to not be so dependent on China.
- Comevius 4y ago
  What you are thinking is manufacturing versus services, what I'm thinking about is the distinctly B2B supply chain that includes both. Then there is B2C, which depends on the supply chain. The financial markets are used to facilitate the operation of this economy and my argument was that it should not be seen as the economy itself. The current inflation is because of China, Russia, the pandemic, lack of investment into the supply chain (during deflation, resilience being seen as inefficiency, preference for stock buybacks), bad investment (during the pandemic), lack of innovation and increasingly climate change. Something weird is going on with the fuel prices too.

SkyMarshal 4y ago

> I would argue that the supply chain is the economy, Agreed, though that includes not just the supply of things, but the supply of money as well, which is also being reduced as the Fed raises interest rates.

victor106 4y ago

> I would argue that the supply chain is the economy, and the rest is fantasy… An increasing and rapidly growing part of the economy is Services and Services are not that dependent on supply chains. Also supply chains were disrupted mainly due to the world economy being overly dependent on China and China being shutdown. In the long run this might actually be bad for China as countries pass laws to not be so dependent on China.

Comevius 4y ago
What you are thinking is manufacturing versus services, what I'm thinking about is the distinctly B2B supply chain that includes both. Then there is B2C, which depends on the supply chain. The financial markets are used to facilitate the operation of this economy and my argument was that it should not be seen as the economy itself. The current inflation is because of China, Russia, the pandemic, lack of investment into the supply chain (during deflation, resilience being seen as inefficiency, preference for stock buybacks), bad investment (during the pandemic), lack of innovation and increasingly climate change. Something weird is going on with the fuel prices too.