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Belle of the Ranch

Let's talk about a supply chain talking point....

Belle of the Ranch

Belle of the Ranch

Society & Culture

4.91K Ratings

🗓️ 29 April 2020

⏱️ 8 minutes

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0:00.0

Well, howdy there internet people, it's Bow again.

0:03.0

So today we're going to talk about a talking point that is gaining ground.

0:08.0

It's about the supply chain and the way we need to fix it according to the talking point is to bring all

0:16.5

production home and just rely on what we have here in the United States.

0:21.6

Therefore we don't purchase anything

0:24.8

from overseas, therefore our supply chain is more secure. Every once in a while a talking point comes out and becomes accepted that is so absurd that it makes you realize the American people will believe almost anything those in power tell

0:47.2

them to believe.

0:52.4

Let me just start by saying there are very, very few things in the world that are not made better by distributed networks and decentralization.

1:00.0

Just start with that.

1:02.0

But let's run through this little thought again. Just start with that.

1:06.0

But let's run through this little thought experiment. Right now, the reason we're having trouble getting supplies

1:10.0

is because it's a global problem and facilities all over the world have been impacted

1:16.6

and there's increased demand.

1:19.2

And that's one of the reasons that increased demand is one of the reasons this talking point has surfaced

1:24.0

but we'll get to that.

1:26.0

That's the reason.

1:30.0

It's not evil foreigners.

1:32.0

It's increased demand and lower production because all of these

1:38.2

facilities were impacted. If we bring it home, it no longer takes a global problem to disrupt the supply chain.

1:46.0

It can be incredibly localized just at that production facility.

1:52.0

Now, can we have a facility here too? Yeah! To compliment the other ones. To

1:58.1

compliment the other ones. But we still have to purchase stuff from over there to keep them running.

...

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