It wasn’t long ago that the U.S. economy needed a shot in the arm. Millions of Americans had lost their jobs as the country shut itself down to slow the spread …
I mean, if you want to get to the real nut of it all, its (D) None Of The Above.
Wages aren't keeping up with price increases. This is not a demand-induced increase in prices. Its a supply shock, caused by our decaying penny-pinched Just In Time logistics system. The :brrrrrrrrrrrr: kept the cash-strapped system from collapsing even faster by offering a premium for everything of value. But so long as we're picking fights with the World's Largest Exporter and Europe's Largest Energy Supplier, we're going to keep running into shortages no matter how much money is or isn't in the financial system.
I mean, if you want to get to the real nut of it all, its (D) None Of The Above.
Wages aren't keeping up with price increases. This is not a demand-induced increase in prices. Its a supply shock, caused by our decaying penny-pinched Just In Time logistics system. The :brrrrrrrrrrrr: kept the cash-strapped system from collapsing even faster by offering a premium for everything of value. But so long as we're picking fights with the World's Largest Exporter and Europe's Largest Energy Supplier, we're going to keep running into shortages no matter how much money is or isn't in the financial system.