Agreed, nice to see someone talking about recent inflation figures. I think the real issue remains the labour market, it's not clear if companies are labour hoarding still or we are somehow amidst a massive shortage.…
I know it's upsetting to a lot of people and they don't like it, but if you can charge a higher price and still sell it, it is economically rational to charge that. PS. Don't roast me, I'm not defending the practice,…
I think this is slightly misguided, the cost of shipping was what exploded (see link below). It wasn't really a capital destruction as much as logistical issues/spill over from coronavirus.…
https://ycharts.com/indicators/us_monthly_inflation_rate which is partly why inflation is so much better recently. Services inflation ex OER (i.e. excluding housing which for legacy reasons is extremely slow moving…
Agreed, nice to see someone talking about recent inflation figures. I think the real issue remains the labour market, it's not clear if companies are labour hoarding still or we are somehow amidst a massive shortage.…
I know it's upsetting to a lot of people and they don't like it, but if you can charge a higher price and still sell it, it is economically rational to charge that. PS. Don't roast me, I'm not defending the practice,…
I think this is slightly misguided, the cost of shipping was what exploded (see link below). It wasn't really a capital destruction as much as logistical issues/spill over from coronavirus.…
https://ycharts.com/indicators/us_monthly_inflation_rate which is partly why inflation is so much better recently. Services inflation ex OER (i.e. excluding housing which for legacy reasons is extremely slow moving…