The supply chain is the economy

Daily Reckoning/James Rickards/1-5-2022

graphic image of a sign pointing in two directions inflation and deflation“Still, reconfiguring the supply chain will take five to 10 years to accomplish. In the meantime, you should expect empty shelves, higher costs and slower growth in companies most affected by the breakdown.”

USAGOLD note:  A rather chilling look from Rickards on what we might expect in the future …… It seems that Rickards might be backing off his prediction of a disinflationary, even deflationary, economy.

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