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Manufacturing moving "back home" is how we are attempting to deal with the supply shocks, so it is true that domestic demand is increasing but I expect the pare
by randomdata 4y ago
Manufacturing moving "back home" is how we are attempting to deal with the supply shocks, so it is true that domestic demand is increasing but I expect the parent considered that as part of the supply shock. This doesn't necessarily suggest a demand shock on the global scale. Places like China are seeing decline in exports.
- whimsicalism 4y agohttps://fred.stlouisfed.org/series/PCEDG https://fred.stlouisfed.org/series/PCEDG Happy to keep sending graphs until the point is clear.
- randomdata 4y agoThat measures price. Inflation isn't a big secret... The original comment alluded to inflation being caused by supply shocks. Look forward to your next attempt.
- deleted 4y ago[deleted]
- whimsicalism 4y agoThere has not been a 40% rate of inflation for durable goods. Real PCE https://fred.stlouisfed.org/series/PCEDGC96 https://fred.stlouisfed.org/series/PCEDGC96
- randomdata 4y agoThat's the same chart, except in real dollars. It still only provides price. Price does not tell us anything about the supply and demand components individually. Price is the product of supply and demand put together. It's okay, I'll wait.