What hairdressers and Lobster Thermidor tell us about the economy, employment and inflation
The David McWilliams Podcast
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What's Going on at the Airport?
Airport chaos reflects huge pent up demand post pandemic. People want to travel after first summer of free travel within europe. But in the airport, you can't increase price. So what you have is mass of demand, totally contracted supply and cues. Cues are just the physical manifestation of what we call economic inflation.
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