Post
Topic
Board Economics
Re: Inflation & Supply Chain Issues-How bad is it going to get?!
by
teosanru
on 22/10/2021, 20:57:07 UTC
Right now things are starting to get a bit scary with not only how bad inflation has gotten, but also how bad supply chain issues are continuing to get.  The pandemic has caused a huge mess, and I'm curious how bad you guys see things getting and if it's as bad in your country as it is here in the United States.

First, how bad is inflation in your country..what % is it currently at?  (Here in the U.S. it's between 4-6% on average.  Many items have inflated much more such as seafood being around 20-30%)

Second, are you seeing supply chain issues in your country and how bad is it? (For example my favorite toilet paper has not been produced for well over a year now.  Recently my two favorite bags of chips have become unavailable from both supply chain issues and factories focusing on other items, putting them ahead of my FAVORITE damn chips lol).


I am surprised that US is facing supply chain issues despite no lockdown being imposed in the country, this shows how fragile the US Economy is at it's core, even though I think these issues are just a one time event and will obviously heal them up in coming few months, they surely have impacted quite a lot of people. Honestly I don't blame government or systems for it, in such black swan events these things always happen, supply chains would still have been disrupted if there was no inflation, moreover 4-6% isn't that high in a developing country but as developed countries don't often face such high inflation it could be really hurting for sure.