Carl Weinberg believes that factors such as the corona plague and the global shortage of chips are what That makes the U.S. economy unstable – and not inflation ■ Revenue from online commerce over the holiday season is expected to peak at $ 1.2 trillion due to rising prices, according to Salesforce
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Karl Weinberg, chief economist at the consulting firm High Frequency Economics, said the global shortage of chips, bottlenecks in seaports and the corona plague are the causes of a “series of temporary supply problems” – not pressures. Systemic inflation. “Inflation is a process, not a one-time change in the price level – and that’s what we are seeing now,” Weinberg said. “We are witnessing a temporary adjustment to a new reality in terms of supply, but we do not now see a process of stagflation, as happened in the 1970s.” Global stock markets stormed yesterday (Tuesday) due to a jump in yields on ten-year government bonds, which reached 1.567%. Along with concerns about the US debt ceiling, investors are also worried about the rise …
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