It feels like America is running out of everything

Re:It feels like America is running out of everything by bryanlarsen on Thursday October 07, 2021 @12:27PM (#28788519)

What in the article makes you think that the shortages are not transitory? Maybe the shortage period will be longer than originally expected, but that doesn't mean they were wrong.

And WTF is this "new economics" bit? I never heard anything about that, either from government or non-fringe media sources. Links, please.

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Re:It feels like America is running out of everything by thepasswordis on Thursday October 07, 2021 @12:35PM (#28788654)

Of course they’re transitory give a loose enough definition of transitory.

Most of the supply chain experts are predicting that it will be years before this is unwound. Years.

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Re:It feels like America is running out of everything by akvadrako on Thursday October 07, 2021 @01:23PM (#28789438)

> And WTF is this "new economics" bit?

It's talked about quite often and it's most significantly the idea that government doesn't have to worry about spending money it doesn't have. The formal form is usually called Modern Monetary Theory.

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Re:It feels like America is running out of everything by bryanlarsen on Thursday October 07, 2021 @04:03PM (#28791375)

And which government departments or beaurocrats have adopted it?

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