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Should It Come As A Surprise?
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<blockquote data-quote="floridays" data-source="post: 5302859" data-attributes="member: 68849"><p>Fred S</p><p></p><p>[URL unfurl="true"]https://www.yahoo.com/entertainment/transcript-fred-smith-face-nation-163609436.html[/URL]</p><p></p><p></p><p> SMITH: Well, we do. The inflation in the last quarter was about 5.4%. There is so much money. Demand is about 15% higher for goods today than it was in February 2020. And there are supply constraints. And in the case of- of energy, the demand coming back much more rapidly than people thought it would has raised the prices of energy.<strong><span style="font-size: 26px"> But we believe that the inflation will in the middle of '22, begin to- to drift down a bit.</span></strong> But the main thing is to unclog the supply chains, which are having problems because of the so-called bullwhip effect, the lack of employment and our inability to improve our infrastructure over the last 20 years. All three of those have- have had a big effect on the availability of moving goods through our system.</p></blockquote><p></p>
[QUOTE="floridays, post: 5302859, member: 68849"] Fred S [URL unfurl="true"]https://www.yahoo.com/entertainment/transcript-fred-smith-face-nation-163609436.html[/URL] SMITH: Well, we do. The inflation in the last quarter was about 5.4%. There is so much money. Demand is about 15% higher for goods today than it was in February 2020. And there are supply constraints. And in the case of- of energy, the demand coming back much more rapidly than people thought it would has raised the prices of energy.[B][SIZE=7] But we believe that the inflation will in the middle of '22, begin to- to drift down a bit.[/SIZE][/B] But the main thing is to unclog the supply chains, which are having problems because of the so-called bullwhip effect, the lack of employment and our inability to improve our infrastructure over the last 20 years. All three of those have- have had a big effect on the availability of moving goods through our system. [/QUOTE]
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