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by p33p
1451 days ago
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The tone of your comment is intentionally antagonistic, but I agree with the underlying concept. I think we can see inflation as a direct result of excess globalism, especially lean supply chains, and changes in underlying customer demand, i.e., the basket of products consumers are wanting was different than pre-pandemic. All of these are supply side problems, but it seems to reason that at least part of the pent up demand is a result of new consumer cash. I'd argue it's a political scapegoat though. |
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