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Ed's avatar

nyt is playing to a small room of deluded people.

here is a run down on the consumer goods part of the inflation:

https://sloanreview.mit.edu/article/what-everyone-gets-wrong-about-the-never-ending-covid-19-supply-chain-crisis/

sort of techie but i mostly agree with dr sheffi.

i read the doe balance sheet every week, wednesdays at 1030 release. on gasoline/diesel: it don't help that usa oil drilling is down 5% and imports up 14.4% while the economy picks up and fuel stocks are sliding slowly..... that is a dept of energy and president decision. so sad opec won't lower prices and pump more!

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