Oct 26, 2021Liked by Chris J. Karr, David Thornton
A good discussion on inflation. It seems the shortage of goods is at least somewhat related to the shortage of labor for which there are many reasons. I visited my Ford dealer yesterday and he told me he was offering wages he would never have dreamed of a year ago and people still will not work. That's in NE Georgia. California, where most imports from Asia arrive, has even more problems related to labor laws and other restrictions on free enterprise. Demand pull is not currently the sole cause of inflation. Non-productive government spending and wages exceeding the value of the labor are major factors.
Anyhow, you have researched better than I have so I appreciate the effort. Now, if you can tell me when interest rate increases will make my stock holdings 25% less valuable, I would be even more appreciative. I don't have many options since Walmart has discontinued hiring greeters.
A good discussion on inflation. It seems the shortage of goods is at least somewhat related to the shortage of labor for which there are many reasons. I visited my Ford dealer yesterday and he told me he was offering wages he would never have dreamed of a year ago and people still will not work. That's in NE Georgia. California, where most imports from Asia arrive, has even more problems related to labor laws and other restrictions on free enterprise. Demand pull is not currently the sole cause of inflation. Non-productive government spending and wages exceeding the value of the labor are major factors.
Anyhow, you have researched better than I have so I appreciate the effort. Now, if you can tell me when interest rate increases will make my stock holdings 25% less valuable, I would be even more appreciative. I don't have many options since Walmart has discontinued hiring greeters.