More inflation on the way?
Epoch Times:
Shipping Rate Surge Could Derail Economic Recovery, Drive Up Inflation: UNCTAD
This should not be too surprising with the inefficient distribution system at California ports making ships idol outside the port for months. The California ports are making things cost more for everyone. Meanwhile, Texas and Florida ports are efficiently unloading cargo.
See, also:
Transitory Inflation? Not With Joe in Charge
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