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@elvisGa98452054 • 3 Years Ago

Elvis W

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The US just hit a 13 year high inflation rate. This was unexpected by policymakers and economists and they argue that the inflation we’re seeing could be temporary, that its just a supply shortage. However, nearly every asset has been impacted by these stimulus initiatives including real estate, stocks, startup investing, etc.

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Residual effects of the pandemic. Inventories were depleted during the pandemic and production was down. Now as the pandemic eases there is even more demand on an already depleted supply. The question is how long will it take to balance back out. The fact is when prices get too high consumers pull back and ease the demand. However, pulling back can effect jobs. For example. Lumber prices are up I think close to 300% now. This will obviously cause many to postpone construction projects and easing the demand. Unfortunately, that in turn will effect construction workers. I feel sorry for the people caught in the middle of construction and have no choice but to pay.

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Residual effects of the pandemic. Inventories were depleted during the pandemic and production was down. Now as the pandemic eases there is even more demand on an already depleted supply. The question is how long will it take to balance back out. The fact is when prices get too high consumers pull back and ease the demand. However, pulling back can effect jobs. For example. Lumber prices are up I think close to 300% now. This will obviously cause many to postpone construction projects and easing the demand. Unfortunately, that in turn will effect construction workers. I feel sorry for the people caught in the middle of construction and have no choice but to pay.

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I wish I knew the answer to that. Yes supply chain and production capacities have been disrupted and once normalized this could result in inflation reducing. Personally I think there is more to this than that and globally we could just see more demand on the whole whilst the usual tools of colonialism and violence don't pay the dividends they used too, meaning suppliers may distribute locally or elsewhere or simply raise prices. If we see more waves of the pandemic (case are rising fast here in the uk) then who knows what will happen? Will Western Governments continue to financially support their populations?

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I wish I knew the answer to that. Yes supply chain and production capacities have been disrupted and once normalized this could result in inflation reducing. Personally I think there is more to this than that and globally we could just see more demand on the whole whilst the usual tools of colonialism and violence don't pay the dividends they used too, meaning suppliers may distribute locally or elsewhere or simply raise prices. If we see more waves of the pandemic (case are rising fast here in the uk) then who knows what will happen? Will Western Governments continue to financially support their populations?

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In USA we have documented "Jobs", so Unimployment can be calculated. Film footage of outdoor Chinese markets, etc does make me wonder what they even call "Employment"? Is it really very regulated? Or "Calculated"? February's Chinese Unimployment figures of 5.7% ??? What? They have more than that...with the country running normally. And now in "Lockdown"? With closed businesses, colleges, and schools? Under 6% "Unimployment"? Did I hear him wrong? During the next 10 years there is going to be lots of changes and lots of rearrangements in the world economy to the extent the peoples of the world will be living in a different type of economy and definitely unlike the one we all live in today. according to this Western Governments continue to financially support their population.

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In USA we have documented "Jobs", so Unimployment can be calculated. Film footage of outdoor Chinese markets, etc does make me wonder what they even call "Employment"? Is it really very regulated? Or "Calculated"? February's Chinese Unimployment figures of 5.7% ??? What? They have more than that...with the country running normally. And now in "Lockdown"? With closed businesses, colleges, and schools? Under 6% "Unimployment"? Did I hear him wrong? During the next 10 years there is going to be lots of changes and lots of rearrangements in the world economy to the extent the peoples of the world will be living in a different type of economy and definitely unlike the one we all live in today. according to this Western Governments continue to financially support their population.

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@shakero • 3 Years Ago

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I work in consumer goods manufacturing, managing the overseas supply chain. Once again Senator Roy Blunt is clueless about the root cause of a problem. Trump’s trade wars, and poor response to Covid is the cause for increased prices. Sadly, they will continue to rise as many manufacturers have been absorbing as much of the increased costs as possible.

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