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The "supply chain disruptions" explanation was always complete garbage. When there's a supply chain disruption, the price goes up and then comes back down when
by terminalshort 1y ago
The "supply chain disruptions" explanation was always complete garbage. When there's a supply chain disruption, the price goes up and then comes back down when the disruption ends. It's very easy to see that the money supply barely increased from 2008-2014 and jumped massively during covid. https://fred.stlouisfed.org/series/WM2NS https://fred.stlouisfed.org/series/WM2NS