2 ms·
> It’s more money chasing the exact same number of resources as existed before hand Because of supply chain issues, it's more money chasing fewer resources. I
by matwood 4y ago
> It’s more money chasing the exact same number of resources as existed before hand
Because of supply chain issues, it's more money chasing fewer resources. I think people focus too much on the money supply and not enough on supply chain shortages. IMO, the bump in stimulus money given would not have caused this level of inflation without also the decline in supply to go along with it.