The lagged effects of COVID-19 supply chain disruptions on inflation
The lagged effects of COVID-19 supply chain disruptions on inflation
www.brookings.edu
The lagged effects of COVID-19 supply chain disruptions on inflation | Brookings
10 comments
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So is it a supply chain issue or a monetary issue? Which experts to believe 😅
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I don't think your article poses this as an either/or decision, but more pointing out how money supply wasn't mentioned in other sources. There isn't any analysis disproving the Brookings article from my read.
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The COVID-19 inflation shock was initially seen as a sign of overheating, with many viewing the Federal Reserve as dangerously behind the curve.
But given unprecedented supply chain disruptions, it is increasingly consensus that pandemic-era inflation was largely supply-driven.
Firms’ margins have only begun to normalize, underscoring the long-lasting effects of COVID-19 disruptions.
We expect inflation will keep falling, given the importance of lagged disinflation effects from supply normalization.
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10 comments
Right. The highest corporate profits in more than 70 years have nothing to do with it.
I think when the article says "pandemic-era inflation was largely supply-driven" users are somehow reading "pandemic-era inflation was only supply-driven" and that's... Well... Not what is being said.
It's obvious that my point is Brookings is deliberately ignoring the elephant in in the room. They are turning a blind eye to extreme corporate price gouging and record profits, in fact Brookings didn't mention those things at all.
Thinking and critical analysis requires awareness of what is deliberately being omitted by a media source as well as what is being said. It has nothing to do with "somehow reading" the article wrong.