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SUBSCRIBE to EIR Daily Alert Service Welter of Shortages Is Driving Inflation, Typified by Halts in U.S. Home Construction May 24, 2021 (EIRNS)—The current shortages afflicting production in just about every industry are the result both of pandemic-triggered collapses in demand and production shutdowns during much of 2020, and of the accumulation of furious money-printing by central banks since October 2019 and the U.S. government since May of 2020. Residential construction in North America is now an extreme example, since residential developments are halting construction altogether under t...

They keep telling us that economic conditions are improving, but if that is true why are the shortages worse than ever?  For a moment, I would like to take you all the way back to 2019.  Before the pandemic came along, we didn’t have any shortages.  If you wanted something, you just went to the store and got it or you ordered it online.  Prices were low, global supply chains were functioning smoothly, and to most people it seemed like it would stay that way for the foreseeable future.  But then the pandemic hit, and “panic buying” caused short-term shortages of certain items such a...