Been wondering, like a lot of folks, what might happen when... "all the boats get unloaded, all the containers get trucked, all the warehouses get unclogged, and all the people get back into the full swing of production" around the world-
Assuming interest rates rise a bit to throttle growth, are prices on raw materials, electronics, etc. going to moderate or drop like a lead balloon ?
Or is what we are going through going to be used as justification to raise prices based on sustained demand and increasing labor costs?
Seems there's plenty of Community folk with a front line view of things in industry(s). Politics aside, what are you seeing/hearing?
Let me add one thing as an addendum to the discussion...
and again, try to refrain from getting political here.
We have become dependent on products and low pricing out of Asia. The one thing that could throttle inflation is for trade riffs and shipping fears to abate to the point that we're back to sourcing highly competitive priced product out of Asia. UNLESS ....the combination of things that we have lived through over the last, hummm, say three years...will cause permanent repatriation of product production and consequentially higher prices.