Supply Constraints, Shrinkflation, and the Inflation Debate

How the World Ran Out of Everything
Global shortages of many goods reflect the disruption of the pandemic combined with decades of companies limiting their inventories.
https://www.nytimes.com/2021/06/01/business/coronavirus-global-shortages.html
 
One way companies are concealing higher prices: Smaller packages
https://www.washingtonpost.com/business/2021/06/01/package-sizes-shrink-inflation/
Related:
https://www.economist.com/finance-and-economics/2019/08/06/how-shrinkflation-is-playing-havoc-with-economists-models
 
Are markets ready for a cyclical inflation shock?
https://asia.nikkei.com/Opinion/Are-markets-ready-for-a-cyclical-inflation-shock

Lots of people still remember the soaring prices of the 1970s, but 1919 and 1947 might tell us more about what to expect from the economy in the coming year.
https://www.bloomberg.com/opinion/articles/2021-05-29/to-judge-inflation-think-of-the-pandemic-as-a-war 

China May Be the Answer to Janet Yellen's 'Mystery'
https://www.bloomberg.com/opinion/articles/2021-06-01/china-s-rising-prices-could-solve-the-mystery-of-missing-global-inflation

Soaring factory prices in China add to global inflation fears
https://www.economist.com/finance-and-economics/2021/06/10/soaring-factory-prices-in-china-add-to-global-inflation-fears