Inflation is not coming. It is HERE already. Although, it shouldn’t be a surprise. After all the US government pumped so much money into the public pockets through the stimulus & pandemic relief checks. Not a criticism – most countries around the world did the same.
The real question is how long will the inflation last? Unfortunately, no one has a crystal ball clear enough to answer that question. Adding to the difficulties has to do with the tenacity of the Covid-19 pandemic. Will another variant surge happen? Here? Elsewhere?
This much is certain: holidays are coming up. Consumers are facing the pinch of rising prices on food, gas, and rent. It’s a ugly fact of life. And this global supply chain shortage will last at least through the end of the year. Sounds bleak? I know. Those Black Friday Deals start to look pretty good.
What is your plan for the holidays?