By J Robert Smith
- May 4, 2021
- 4 min read
Here’s the line coming from the very big brains out of DC and Wall Street: Inflation worries are… inflated. The economy is rebounding – in fact, beginning to surge (thanks to former President Donald Trump’s economic recovery policies, but don’t expect the establishment to give him any props). Hence, with demand climbing, supply chains are being hard-pressed. Higher demand + crimped supply = higher costs. But, no worries, that’s only a short-term phenomenon. Once supply catches up to – or exceeds – demand, costs will level off and decline.
