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Well the government screwing up the supply chain is certainly a big factor. The same level of spending that governments did the same thing as printing huge am
by treeman79 3y ago
Well the government screwing up the supply chain is certainly a big factor. The same level of spending that governments did the same thing as printing huge amount of money. Something that still not really slowing down.
- losteric 3y agoI presume you are blaming the American federal government? Why? "The supply chain" is a global emergent phenomena across a variety of capitalist nations. Personally, I would blame corporate greed that took advantage of short-term supply-demand misalignment transitioning through COVID and now persisting high prices/restricted supply to pad their profits. Capitalism and all. Perhaps the US government could do more to limit this profiteering or break monopolies, but we are doing a reasonable job supporting re-shoring key industries.
- agentgumshoe 3y agoThere's also the incredibly cheap debt those corporate interests used to make large purchases, to then extract profits for as long as possible while the debt could be forgotten about