Beau Sjodahl Chapter 10

Chapter 10 touches on inflation in the economy and the "speed limit" that an economy can grow at. An interesting point is that if demand is more than supply than eventually a company starts finding it hard to keep up with their product demands. I found the example of the Chrysler motor company to be interesting. Chrysler produces the pt cruiser and it starts to sell well. People start demanding more than Chrysler can supply and it becomes increasingly difficult to find qualified auto workers for the company. Everything from the labor to the capital starts increasing in price and thus inflation takes over so the Chrysler has to pay more money in wages and materials. It's nice to get an inside look on why the economy works the way it does and to have a better understanding of economics in general