ECONOMIC DISCUSSION: where does inflation come from when raw materials are roughly unchanged?
— Nassim Nicholas Taleb (@nntaleb) August 19, 2024
The chart shows the GSCommodity Index a weighted basket of main commodities (correlates to the CRB w/more energy).
(Note: I block for trolling & sophistry, not crazy answers). pic.twitter.com/IWnBldNv85
I am adding the Baltic Index for ~ freight costs. pic.twitter.com/WdPG6uXCn1
— Nassim Nicholas Taleb (@nntaleb) August 19, 2024