Wall St. For Main St., Released on 8/29/21
We are getting more and more evidence of real world price hikes, stagflation and supply chain problems, not less like the deflationistas claim!
World’s Largest Chip Maker to Raise Prices, Threatening Costlier Electronics https://www.wsj.com/articles/worlds-l…
TSMC to increase prices of most advanced chips by roughly 10%; less advanced chips will cost about 20% more. This will make its way through supply chains for many electronics goods.
Largest US Food Distributor Having Trouble Keeping Shelves Stocked; Price Shock Imminent https://www.zerohedge.com/markets/lar…
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Jason Burack is an investor, entrepreneur, financial historian, Austrian School economist, and contrarian. Jason co-founded the startup financial education company Wall St for Main St, LLC, to try to help the people of Main Street by teaching them the knowledge, skills, research methods, and investing expertise of Wall Street. You can also find Jason’s work at his blog website at www.jasonburack.com.