Episode 315: Are We Done With Inflation?
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How Can You Make Up This 14% Inflation?
There are only so many ways that you can make up for this and they're all unpleasant. You can raise your prices, which of course you feel directly in the form of inflation. And you can also fire workers or cut back their hours. That's a direct result because businesses have to remain profitable or they don't remain at all. Do you know what the average business profit is in the United States?
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