there it s a tough sell. if it lasts awhile, there s that argument. but once prices move up, they take a devil of a time to reverse. so how does he walk that line? well, so for the first part of your argument, if you listen closely, the white house says that. this is all reopening. supply chain issues. the base effect that they trot out as well. the longer term effects, you re right, very difficult to bring prices back down. in part because what the next wave is likely going to be is going to be wage induced. 3.6%. think about the life cycle of any product. it s more expensive. the person that drives it, stocks it in the store is more expensive. if you listen closely, companies need to pay workers more. so there s a side to the white
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