| Shawk |
05-22-2021 10:17 PM |
Quote:
Originally Posted by Pulgasari
(Post 3311052)
Inflation is a dumb word people use to misunderstand economics, because they are dumb.
Trust the fed. Trust Powell and Yellen.
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Exactly.
Right now all fields of industry that depend on electronics are having an issue getting certain types of electronics that their manufacturing or work depend on heavily. This is everywhere, globally.
Car dealerships for instance.. Go talk to any GM of any dealership, they are shitting themselves as there are thousands if not millions of cars that have finished manufacturing but are waiting for 1 piece for their computers.
GPU manufacturing.. Getting a new GPU has become a high class privilege it seems.. This is thanks to things like Ethereum as well, but it is always a combination of things that cause this.
Talk to any Electrician who deals with ordering parts.. They aren't happy.
This isn't only an inflation issue only, that is a byproduct.. it's a supply and demand issue, the demand is extremely high right now while supply is being really badly bottle necked thanks to all sorts of things, not just covid, not just china.. It is crazy.
In response, prices will rise because supply is low and demand is high, the prices obviously go up.. But ya always someone there blaming covid, china, helicopter money, the poor, the rich.. you name it.
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