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Thursday, June 10, 2021

“Supply Bottlenecks” as an Excuse for Inflation

 https://mises.org/wire/supply-bottlenecks-excuse-inflation

One of the arguments most used by central banks regarding the increase in inflation is that it is because of bottlenecks and that the recovery in demand has created tensions in the supply chain. However, the evidence shows us that most commodities have risen in tandem in an environment of a wide level of spare capacity and even overcapacity.

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I said this very thing today while conversing with my brother inlaw, its not  inflation, its the lack of actual goods. Basically you want something you will pay a high price for it. 

Its called Demand driven price hikes..

Better own some Assets or you are in deep.

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