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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
by 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.