Monday, May 4, 2020

Massie: Expect Food Supply Disruptions For at Least Three Months

In a new tweet, Congressman Tom Massie writes:
If you’re under the impression that the government has fixed problems with the food supply then you’ve been duped.

Expect higher prices, more imported food of questionable origin, and domestic supply disruptions for at least three months.
As I have been warning, we are in a period of anti-productivity.

Supplies of products we want are going to be shrinking. The food supply problems are reflective of distribution problems across the economy. It is just that food disruptions get the headlines.

Couple these supply disruptions with massive money printing by the Federal Reserve and accelerating price inflation for the products we want to buy appears to be in the cards.


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