Posts tagged biden
The real story behind inflation: Monopoly in supply chains

As prices continue to rise, there is no bigger domestic issue than inflation. Last month, inflation soared to 7.5% – the highest it has been since 1982. Rising inflation rates is not an abstract economic concept but a real problem that makes it harder for the poorest members of our society to buy food, clothing, and other essential products they need. While it is true that supply-chain issues have helped contribute to inflation, what has made our supply chain system so weak?

— Neil Tracey

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