Tim Pool has an interesting video here:
The basic theme is that there’s rampant inflation coming, that there’s a dramatic shortage of drivers, delivery, production, etc.
Is that true? Maybe…
Or maybe some grocery store buying managers are just being a bit nuts.
Though I must say, at Smart & Final the latest price of Chicken Parts was $1.79 / pound for legs / thighs / specials. It was 88 ¢ / lb before the Chinese Wuhan Covid pandemic. But only 99 ¢ / lb during the pandemic. So what is the deal now? I’m not so sure.
Yet the stores, here, are fully stocked. It is just the prices that are out of line.
Is that $20 Trillion of sudden debt coming home to roost? Or is it just some minor dislocations from all the crap going on.
In the 4th of July celebration we had meat cases overflowing with pork ribs, beef ribs, chicken, and more. Still do.
So is that a Silly Con Valley thing? Or a national thing? Or just news spin…