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The Young Investors Podcast
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Is Inflation Driving Up Revenues?
Inflation is causing consumers to spend less on cretionary consumer products, such as clothing and electronics. So there's just a shift in how people are spending. Anda: People are still spending more, revenues going up, but they're spending more on essentials rather than discretionary things they don't need. A burry actually tweeded about this effecta couple of months ago. He said that our overstocked inventories would lead to some level of disinflation.
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