one thing that wonder about is what if we're not seeing inflation show up in many goods categories because of retail menu costs, but that is starting to change, and in a month or three inflation stats maybe look very differenthttps://twitter.com/sgodofsk/status/1450657636161134592 …
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a lot of people accumulate dragon hordes of cash during the pandemic as they were getting the stimmies, and their regular paychecks (or tons of UI), and also not spending anything on travel or hospitality or w/e now the floodgates are open
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this is good inasmuch as it will help get people back into the workforce faster but unfortunately the recovery has slowed thanks to the delta variant and schools and daycares and stuff still intermittently closing.
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