re: Fed economist: Ability to ramp up production is extremely limited

quote:

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there isn’t enough labor and parts availability to increase production.

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Where in the hell did all of these people go? What are they doing now?

Go to the grocery, low on people. Go to a restaurant, low on people. The oil industry says they are low on people. Etc. The labor markets are tight everywhere. Did these people just disappear? What in the hell are they doing to pay their bills?

I’ve had this conversation with many people, and get no good answers.