High prices will outlast the war

Re:High prices will outlast the war by JumpCrisscross on Tuesday March 15, 2022 @02:22AM (#30682200)

> the supply chain issue and the resultant inflation would not have happened had your government not borrowed so much?

Probably not. Instead, we’d be in a depression amidst mass unemployment and bankruptcies.

[ Parent | on HN ]

Re:High prices will outlast the war by mohanmcgeek on Tuesday March 15, 2022 @03:21AM (#30682520)

So this supply chain crunch would have still happened but people would not have noticed it while dealing with much bigger problems such as unemployment.

[ Parent | on HN ]

Re:High prices will outlast the war by JumpCrisscross on Tuesday March 15, 2022 @02:12PM (#30688827)

> this supply chain crunch would have still happened but people would not have noticed it while dealing with much bigger problems such as unemployment

Supply chain would have crunched but the demand fueling inflation would have been destroyed. Instead, we maintained both demand and production while the supply chains falter. (For the most part. Egregious stand-outs in destroyed production capacity are the automotive and rental-car industries.)

[ Parent | on HN ]