Bloomberg Businessweek Weekend - February 3rd, 2023
Bloomberg Businessweek
00:00
The Threat of Decline in Commodity Prices vs Inflation
Inventories built, even though retailers and others were trying to clear the shelves with these massive discounts. So I think underlying demand here is basically the consumer railing against price increases because real average wages have gone down. And the consumer is going to win this battle.
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