News for hackers. Stuff that matters.

A comment on Made in America is back, leaving US factories scrambling to find workers. Parent comment

Re:Made in America is back, leaving US factories scrambling ... by strangattractor on Sunday October 09, 2022 @11:23PM (#33147437)
True but inflation was triggered by the Russian Invasion of Ukraine.
[ Parent | on HN ]
Re:Made in America is back, leaving US factories scrambling ... by WalterBright on Sunday October 09, 2022 @11:37PM (#33147503)
Inflation was at 7.8% the day before Putin's Price Hike.
[ Parent | on HN ]
Re:Made in America is back, leaving US factories scrambling ... by strangattractor on Monday October 10, 2022 @12:37AM (#33147838)
Better with a source but you are correct. https://tradingeconomics.com/united-states/inflation-cpi#:~:....
[ Parent | on HN ]
Re:Made in America is back, leaving US factories scrambling ... by strangattractor on Monday October 10, 2022 @12:41AM (#33147852)
How about inflation was triggered by a combination of COVID supply change problems and further exacerbated by sanctions placed on Russian due to the Ukrainian invasion.
[ Parent | on HN ]
Re:Made in America is back, leaving US factories scrambling ... by thrown_22 on Monday October 10, 2022 @06:26AM (#33149729)
How about: Politician will lie about anything to get elected.

The day before the invasion we were looking at 6% inflation with everyone expecting it to get worse.

[ Parent | on HN ]
Re:Made in America is back, leaving US factories scrambling ... by colinmhayes on Monday October 10, 2022 @10:16AM (#33151703)
The day before the invasion everyone knew it was going to happen.
[ Parent | on HN ]
Re:Made in America is back, leaving US factories scrambling ... by thrown_22 on Monday October 10, 2022 @04:01PM (#33155814)
Apart from Zelesky apparently.
[ Parent | on HN ]
Re:Made in America is back, leaving US factories scrambling ... by kurthr on Monday October 10, 2022 @10:00AM (#33151511)
You're absolutely correct. Bullwhip effect was temporary inflation (but less likely to shift expectations) and then Russian (and OPEC+) effects on energy costs (which are likely to shift expectations and wages). The Fed has been trying to get inflation up since 2008... and have stated that they will target "average 2%" inflation over an unspecified term. Since inflation has been below that for a long time they wanted it to run hot. They want to inflate away some debt, just without imploding banks/insurers.
[ Parent | on HN ]