- “underlying supply chain will go back normal” well the way I see it the container owners and everyone downstream have no incentives for doing so. [1]
- China is facing water crisis among many other issues from energy crisis as well. If the main supplier of US faces crisis it will likely affect US as well. [2]
- and many actually don’t understand this, Fed actually has incentives to get inflation. For many years they spent time to get inflation and recently even accepted they will let it run beyond the benchmark 2%. Part of the argument is Fed currently has no leverage or tools left in an economic downturn given the amount of debt in the balance sheet. A mere 5% raise in interest rate would require interest payment equivalent of another US army. So rate hikes of any substantial measure is out of question without bankrupting US. The easiest way is to inflate the 40 trillion debt away like they did post war in the 40s. [3]
[1] https://medium.com/@ryan79z28/im-a-twenty-year-truck-driver-...
[2] https://thehill.com/opinion/energy-environment/584266-americ...