S2E2 - Inflation Nation and the Single Potato

In this episode, Marcus and Justin dive into inflation. Whether it's high gas prices or a little less in your grocery cart, inflation has certainly impacted us all. This episode dissects what inflation is, why it happens, how supply chains play a role, and how to do your best to navigate your supply chain through the noise. This episode also marks the return of the supply chain bedtime story - one single potato. Sources of information for this episode: Inflation & Crime: https://www.ojp.gov/ncjrs/virtual-library/abstracts/inflation-and-incidence-crime-united-states Inflation & Monetary Policy: https://www.npr.org/2022/06/02/1102575215/supply-chain-issues-and-strong-demand-are-fueling-inflationary-pressures Causes of Inflation: https://www.imf.org/external/pubs/ft/fandd/basics/30-inflation.htm Gas Price Trends: https://www.washingtonpost.com/business/interactive/2022/why-gas-prices-so-high/ Petroleum Exports: https://www.eia.gov/energyexplained/oil-and-petroleum-products/imports-and-exports.php Oil Company Green Investments: https://www.npr.org/2021/06/08/1002448099/big-oils-transition-3-takeaways-on-how-the-industry-is-and-isnt-going-green Refinery Shortages: https://www.npr.org/2022/06/26/1107265390/refinery-shortage-high-gas-prices-russia Supply Chain Inflation Takeaways: https://www.accenture.com/us-en/blogs/business-functions-blog/inflation-supply-chain-disruption For more information on our podcast, please visit our site: https://anchor.fm/thestrongestlinksc Hosts: Justin Wilcox, CPIM & Marcus Bugni, CPIM Editing: Marcus Bugni, CPIM Music: Marcus Bugni, CPIM Research & Content: Justin Wilcox, CPIM --- Support this podcast: https://podcasters.spotify.com/pod/show/thestrongestlinksc/support