Why Yellen may be right not to fear inflation

Professor Yossi Sheffi .. has pointed out that trucking delays exacerbate problems across the entire logistics system, and that a binding constraint on trucking capacity is the availability of drivers themselves. He suggests, among other steps, loosening federal regulations so that potential drivers are no longer disqualified solely because of previous marijuana use. The broader point is that many efforts could be made to address logistical chokepoints that are behind at least a significant part of the recent inflation spike.