Supply Chain Market Report – August 2022
Elementum
AUGUST 2, 2022
See the chart below to see just how big a spike in supply has preceded this new shortage: M1, Billion of Dollars, Seasonally Adjusted. For one salient example, at the beginning of 2022, the Euro was worth $1.13. The last time the increase was this large was — you guessed it, WWII. . Cash reserves. In 2020, it was $226T.)
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