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I'll spell it out more clearly for you, since you didn't seem to understand the implicit point: I sure hope a fellow like him understands supply and demand. I a
by econ101time 4y ago
I'll spell it out more clearly for you, since you didn't seem to understand the implicit point: I sure hope a fellow like him understands supply and demand. I assume he does. But I think that understanding takes second seat to trying to convince people that greedy companies, not incompetent governments, are to blame for inflation. And he writes that (putting aside whether he also thinks it's true) in order to advanced a political agenda. That's why it's in a US politics op-ed section of a left-wing newspaper.
- PaulDavisThe1st 4y agoI don't care what his political agenda is, I care what the actual source of inflation is. I see a lot more evidence that a lot more of it is due to price gouging by corporations than the money supply or supply chain issues. I don't care where he writes it either. It's not as if the WSJ is going to publish an argument like this. So maybe we can get away from "I hope <X> understands supply and demand" and actually tackle the evidence that has been presented by many economists and economic pundits regarding the relative contributors to the current inflation.