What Happens to Prices in Deglobalization? - Daily Live 2.13.23 | E317
Bitcoin & Markets
00:00
Is That a Good?
Shortening supply chains, that is more expensive. The reason why we offshored the reason why we had 15 different steps in making a simple product and shipping it around the world multiple times is to save pennies. Well, now if we're not doing that, we're not going to be saving those pennies. So prices will go up. How do prices react when you say the entire the entire structure of the global economy is shifting under our feet? What should we expect from prices? Well, I don't know. And we can't say for sure. But I think that the over the long term on talking, maybe, five, ten years, we're going to see
Play episode from 26:40
Transcript
