A long and interesting read. And yes on paying the price.
Article by David and Lindsay on what is happening today with increasing pricing across the economy. You can experience it in just about every part of the economy.
Further on down this article the authors say, this is more about pricing than supply chain. I would say this is true. However, you can discern whether excess pricing can be justified by reviewing the supply chain costs. Not knowing those costs makes it easy for deception. Those costs are also not difficult to discern.
The Age of Recoupment
by David Dayen and Lindsay Owens
The American Prospect
The Federal Reserve chair’s semiannual monetary report to the Senate Banking Committee is not typically of great interest to
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