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Aren't other non-US states also in inflation?
by Ygg2 4y ago
Aren't other non-US states also in inflation?
- mpyne 4y agoYes, but didn't many of them also engage in some level of stimulus spending due to the impact of COVID on the ability to work? And even without, if it is true that Americans are trying to point all the world's supply chains to feed their increasing demand for stuff, that's still going to affect prices in the rest of the world, by leaving people in the rest of the world competing for a lower supply of stuff (since more of it is being ducted to the U.S.). Unless suppliers are able to increase production to fill the overall higher demand, that is, but that just gets us back into supply chain issues caused by higher demand as a possible cause for inflation.