Mac1958
Diamond Member
For those who actually want to know what's going on regarding inflation:
Supply chain problems are not just domestic, they're global and worse than feared. That, coupled with exploding demand coming out of the various degrees of virus lockdowns, is keeping inflation hot and troublesome.
Looks like this is still going to be a while.
www.nytimes.com
www.theguardian.com
www.marketplace.org
Supply chain problems are not just domestic, they're global and worse than feared. That, coupled with exploding demand coming out of the various degrees of virus lockdowns, is keeping inflation hot and troublesome.
Looks like this is still going to be a while.
The world’s top central bankers see supply chain problems prolonging inflation. (Published 2021)
The heads of the Federal Reserve, European Central Bank, Bank of England and Bank of Japan spoke on a joint panel Wednesday.
The global supply chain crisis could fuel a severe dose of stagflation
Economic observers should heed the warnings now – rising prices and slowing growth are a very real threat
Broken supply chains are causing inflation. For how long?
Probably through next year, but maybe even longer.