POWELL is so Wrong to say that this Massive inflation is transitory.
I know all here cares about is pumping the market for the billionaires.
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dude, shipping cost for my primary supplier has gone from 2k to 14k per container, why would we ever expect that to get cheaper? someone have a huge surplus of container ships sitting around?
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Herein lies the issue. Supply chains turn out to be very complex and tuned to do two things; transfer light consumer goods from China to the US, and transfer raw materials and food to China. A very sophisticated system with many moving parts, all of which have to
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