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0 pointsnostromo3y ago0 comments

Inflation was surging well before the Ukraine invasion.

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4 comments · 1 top-level

landemva3y ago· 3 in thread

The virus lockdowns ended and manufacturing supply chains have been clearing. Please tell us why price increases are continuing, instead of dramatically dropping.

nostromoOP3y ago

Because we printed trillions of dollars and haven’t come close to removing all that excess stimulus yet - nor have any supply side constraints that existed prior to Covid been removed.

landemva3y ago

I thought the corona payments ended. Computer chips and PCs are largely back in stock.

Fertilizer and fuel prices went higher in past year. This drove up food production prices. Molecule flow in pipeline to Germany was sabotaged, preventing sale of molecules from east to west which drove up natural gas prices at export ports in USA. Not a virus issue but a war issue.

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HWR_143y ago

Why wouldn't you expect price increases to continue?

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