This reminds me of what's happening with the automakers, whose productivity was whacked by supply chain issues during the last few years. They made many fewer c

This reminds me of what's happening with the automakers, whose productivity was whacked by supply chain issues during the last few years. They made many fewer cars, but the prices went way up. Dealers were happy to make easy sales (and cut their sales staff along the way), and manufacturers didn't have to offer rebates. It was like the external events allowed them to act as a cartel for a while, cutting production and increasing profits. Things were starting to revert to normal, but recently they've been loudly announcing how they're shutting down planned factories or cutting manufacturing capacity.