Rising consumer prices was primarily the result of logistics disruptions, not monetary expansion.
Stack your sats.
Stay humble.
Discussion
Logistic disruptions for sure. But cartel practices also.
Disagree. Inflation was too and in many cases services inflation rose faster and earlier than goods inflation, so much so that they were concerned about a wage price spiral.
Not in the US. It's both, but inflation in the dollar supply has already taken over any pricing disruptions from supply issues (that were mostly intentional, IMO).
Not to be that guy, but what’s your source for this?
Follow me. I regularly publish data.
I do 🫠the last few things you’ve posted have been in German which I haven’t bothered to translate yet. I guess I could scroll further down your wall, but nothing immediately hit me as logistics related.
I'm a ceritified freight-forwarding agent, but I'm not working in logistics, anymore. I just follow the topic, as a hobby, now.