Shipping containers sit in a rail yard, in Chicago, Illinois, on July 28. Bottlenecks are occurring at shipping centres across the US, contributing to a shortage of goods. Photo: Getty Images / AFP
Opinion
Opinion
Macroscope
How can inflation be transitory if supply chain disruptions are here to stay?
- Increased US-China rivalry, coupled with Covid-19, has caused unprecedented disruptions to supply chains, threatening global production
- The last thing the world needs is for inflation to trigger a disastrous stock market or debt crisis
Shipping containers sit in a rail yard, in Chicago, Illinois, on July 28. Bottlenecks are occurring at shipping centres across the US, contributing to a shortage of goods. Photo: Getty Images / AFP