October 11, 2021
In the Media
Yossi Sheffi talked with David Pogue for an October 11 segment on CBS Sunday Morning examining the paradox of empty store shelves, higher prices and longer wait times for good of all kinds, despite the "glut of goods" coming into the country.
"The underlying cause of all of this is actually a huge increase in demand. People did not spend during the pandemic, and then all the government help came... trillions of dollars went to households, so they ordered stuff... they ordered more and more stuff, and global markets were not ready."