Daybreak Europe Show Open: The Supply Crunch

The video discusses Robin Brooks' perspective on global supply chain disruptions, emphasizing that while the US is experiencing tightness similar to Japan post-Fukushima, it is not a global issue. The US supply chain is tight, with shortages mentioned frequently in the Beige Book and affecting 75% of businesses according to the Richmond Fed. This situation is expected to influence inflation and ease the Federal Reserve's tasks in 2022.

What is the main argument presented by Robin Brooks regarding global supply chain disruptions?

• They are more severe than the Fukushima disaster.

• They are not as global as perceived.

• They are affecting only the US.

• They are causing global inflation.

According to the Richmond Fed, what percentage of businesses are experiencing supply shortages?

• 60%

• 80%

• 75%

• 50%

How does the current US supply chain situation compare to Japan's situation after the Fukushima disaster?

• The US situation is more severe.

• The US situation is less severe.

• Both situations are identical.

• The US situation is not comparable.

What is the implication of the supply chain narrative on inflation according to the transcript?

• It will have no effect on inflation.

• It will increase inflation.

• It will stabilize inflation.

• It will decrease inflation.

What role does the Federal Reserve play in the context of the supply chain narrative?

• It requires the Fed to intervene globally.

• It has no impact on the Fed.

• It makes the Fed's job easier.

• It complicates the Fed's job.