Page 11 - Supply Problems News Today

Turn around and raise the prices. which causes more inflation. and the whole thing sets off a snowball going downhill. thats not how we got inflation in the first place. and as you said, lots of countries around the globe are facing the same inflationary problem. it started out with supply problems, and we have just gotten an incredibly unlucky. just not we the united states, but around the globe. the pandemic has lasted longer than anyone expected, and then, putin decides its a good time to inv...

Turn around and raise the prices. which causes more inflation. and the whole thing sets off a snowball going downhill. thats not how we got inflation in the first place. and as you said, lots of countries around the globe are facing the same inflationary problem. it started out with supply problems, and we have just gotten an incredibly unlucky. just not we the united states, but around the globe. the pandemic has lasted longer than anyone expected, and then, putin decides its a good time to inv...

Government have to write reports and these exports should be to higher prices or supply problems. and i think it would be a problem for you to have a little bit of a problem that and doing that with a straight face. paul: kim, the other issue legally is that little case the supreme court west virginia versus epa that says the executive president needs to basically have guidance from congress on major questions if it wants to write regulation productive problem with these issues. >> yes and this ...

Some problems ahead. the fed is likely, given the good jobs report, to feel free to raise interest rates once again and thats going to cost -- make the cost of borrowing much, much higher. and that, in turn, is going to slow the economy even more. thats the big danger ahead. that the fed inadvertently causes a recession. >> so whats your sense, look, when president biden and the biden administration lay out their plan to address inflation thats still running hot at a 40 year high. letting the fe...

Right in a harder fashion down the road. were looking out on wednesday to hear just how aggressive jay powells language now is on inflation. it may be a hard landing to get inflation down. >> can we talk about consumer demand. start with gas prices. have we seen evidence that the higher prices are stopping people from driving? >> we havent yet. where weve seen it a little bit is in other forms of fuel. airline travel. demands still up dramatically on the leisure side but not on the business side...

Just about everything costs more right now, and their purchasing power is shrinking. lets look at some of the categories. gasoline prices up 50% over the past year. we know that. we feel that. if youre driving a sedan, youre paying $25 more to fill up today than a year ago. used car prices, still a problem. you got this big jumbled supply mess around the world, im sure the president will address later today. but we still have supply problems that are really, really hurting the auto industry. go ...

Doing in their attack. i think they are beginning to have some of the same supply problems that we have seen in ukraine have in the past. >> congressman, the last word to you -- i have to ask, this is a mid term year and you are a member of congress. how much of the current reckoning on ukraine in washington d. c. is influenced by elections coming up? and by american public having a tune out of the war? and of course, the gas price debate, which president biden has tried to pin on the war and vl...

Making advances in the east. presidents landscape saying that ukrainians are losing 100 soldiers a day. i do not see how that is sustainable. what is your overview of where we are right now in terms of the fighting on the ground? >> well, in a few short words, russia has dealt a strategic defeat in kyiv to itself. russia was dealt another strategic defeat circa kharkiv. but now we see russia going back to its serious style, grinding demolished cities, and tearing up the civilian population abili...

Outlining his plan in an op-ed of the wall street journal. let the fed continue doing his job, make things more affordable for families and keep reducing the federal deficit. how is that going to cool down soaring prices? >> first, of all i think what you really heard the secretary of treasury say that there are three unanticipated events that took place, delta omicron which led to lockdowns and further supply problems. and the unthinkable russian aggression in ukraine that global energy markets...

Shortage of lorry drivers and the big covid shut down. let me talk you do the numbers. building materials have gone up by more than 25 —— 23%. some items have gone up even more, one merchant told us that the price of timber has gone up by 70%. plastic as well, if you have a pvc door fitted, plastic as well, if you have a pvc doorfitted, it could cost plastic as well, if you have a pvc door fitted, it could cost you £200 more now than it would have done a year ago. x0 83% of builders are hav...