Submitted by AudibleNod t3_10406v2 in news
[deleted] t1_j32gzsr wrote
Reply to comment by Malkovtheclown in US jobless claim applications fall to lowest in 14 weeks by AudibleNod
People obsessed with lowering inflation. You can't just make more goods exist. There's 200m people in a war economy state in Europe. Until that concludes inflation is going to exist.
Malkovtheclown t1_j32hv5u wrote
Rate hikes need to be increased not slowed down. That's not a supply problem. Thats a protecting stocks instead of people problem.
[deleted] t1_j32jswt wrote
'that's not a supply problem'
Um yes it is. Most of our shortages right now are energy related thanks to Saudi Arabia lowering oil production at a time the world needs more on the whole.
World metal supply is really constrained too. So is the grain supply thanks to Russia hitting the Ukrainian farms. The entire world is needing to be fed. Prices go up. It's basic economics.
Viewing a single comment thread. View all comments