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Greedflation; The Economic Program of the New Right | Yaron Brook Show

Yaron Brook Show

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The Effects of Greed on Inflation

Costs of transporting goods across the Pacific or across the Atlantic went up significantly because there was this again mismatch between supply and demand, huge demand for shipping and a limited supply. Those ships came online, a lot of ships that were dry, docked to put aside or not used during COVID came back on board. The containers got to the right ports. More truckers were hired. And ultimately shipping capacity increased significantly. Indeed, it increased so much that right now, suppliers increased demand, stable. And what is happening is prices have plummeted, plummeted. Now greed hasn't changed. But they can't because of competition and because of demand. Same by the way happened with eggs. Egg

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