Fixing supply chain shortages? That sounds hard! I’d rather believe there is a big knob somewhere underground that drives the entire economy, and that we can ad

Fixing supply chain shortages? That sounds hard! I’d rather believe there is a big knob somewhere underground that drives the entire economy, and that we can adjust its basepoint to make people richer or poorer! More seriously, Ukraine is probably not the reason of scarcity, but if you want to solve the supply chain, you’ll hit China very fast: Their growing local population means that one day, they’ll keep everything they produce for themselves. And that’s big enough to be the cause of inflation: Mid-term inflation is probably due to lack of productivity during Covid; long-term inflation is certainly due to the lack of goods produces in the West, while the East starts to keep their production.