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Supply of pretty much everything is above pre-pandemic levels. Just that demand is even higher. A balanced outcome is always a function of both supply and dema
by adam_arthur 4y ago
Supply of pretty much everything is above pre-pandemic levels. Just that demand is even higher.
A balanced outcome is always a function of both supply and demand
- wafriedemann 4y agoThat is what I am saying.
- adam_arthur 4y agoMy bad then, I read your comment differently. I see a lot of people saying Fed shouldn't raise because it's a supply side issue, but blunting demand in these situations is exactly what the Fed is meant to do, since supply is fixed in the short/medium term