What a strange, labyrinthine article. No specific claims or facts, just broad, blurry analogies and unfinished thoughts. I'm on his side of the aisle and I can't even make heads or tails of his point. Not sure if this was written while high or generated by AI in a different language and translated.
I think it does. The author asserts that rather than focus on too much money in the system as the cause of inflation, we should really be focused on how the means of production has been shutdown or inhibited.
The assertion is that government-imposed supply chain disruption is the primary factor currently driving inflation.
If the meddling central planners didn't screw up and created all sorts of artificial shortages (labor, nat gas, chips, services), producers of substitute goods would increase their production and lower their prices because fixed costs would be spread over more units.
Where is the actual “central planning”? Have our government officials dictated that 1M Teslas will be built in Fremont, CA this year, or that 5M bushels of wheat will be purchased by Florida?
If I squint, it seems more a complaint that there were pandemic shutdowns that disrupted the flow, but that’s about all I can see.
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[ 3.5 ms ] story [ 30.9 ms ] threadThe assertion is that government-imposed supply chain disruption is the primary factor currently driving inflation.
This makes no sense. Price rises beget price rises. Oil, computer chips, labor, whatever.
If the meddling central planners didn't screw up and created all sorts of artificial shortages (labor, nat gas, chips, services), producers of substitute goods would increase their production and lower their prices because fixed costs would be spread over more units.
If I squint, it seems more a complaint that there were pandemic shutdowns that disrupted the flow, but that’s about all I can see.