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by blix 1704 days ago
So do price increases from supply chain shocks. And if you've ever lived paycheck-to-paycheck, you understand that even minor shocks get balloon out of control very quickly because resources are so tightly allocated.

We are just now living through an era where a relatively minor shock is going to have severe implications last several years (which have and will continue to hit the poorest the hardest). This is what happens when you allocate resources too tightly without sufficient slack.