kaji823 t1_j0zuh50 wrote on December 20, 2022 at 5:20 PM Reply to comment by blunterlotus in Tech layoffs surpass Great Recession levels, set to get worse in early 2023 by EagleEyes_009 Most of our inflation during this recession were due to supply side issues and corporate price gouging, not supply side excessive spending. Covid choked supply chains and the war in Ukraine hurt oil prices and world food exports. Permalink Parent 3
kaji823 t1_j0zuh50 wrote
Reply to comment by blunterlotus in Tech layoffs surpass Great Recession levels, set to get worse in early 2023 by EagleEyes_009
Most of our inflation during this recession were due to supply side issues and corporate price gouging, not supply side excessive spending. Covid choked supply chains and the war in Ukraine hurt oil prices and world food exports.