Is Inflation coming back
@khaled2020 (14)
February 2, 2021 4:08pm CST
Many are saying that the world can now enter the era of higher inflation by stepping out of the coronavirus chapter. Their argument is not as strong as it sounds. It is also a matter of great concern if the possibility of tackling inflation is small. Because the debt burden of the governments in the country is much higher and the balance sheet of the central bank has become much smaller. U.S. economists warned on Dec. 31 that a massive price hike could be needed to balance demand with declining supply due to the epidemic.
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3 responses
@kaylachan (66088)
• Daytona Beach, Florida
2 Feb 21
I'm already starting to see signs of it here and there on some goods. When my husband told me the cost of the canned veggies, I could see signs of the climb. It doesn't help, that the end goal is to raise min wage by one dollar per year until we reach 15/hour for hourly workers.
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