Is Deflation, Not Inflation, The Bigger Long-Term Threat? | Stephanie Pomboy
Wealthion - Be Financially Resilient
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Are We Dealing With This New Beast?
Inflation is at a forty one year high. Peopleare seeing it when they go buy food at the grocery store, when they fill up their cars. Consumers were forced to dip into savings and credit card debt just to run up consumption of basic things that they needed in life. We have seen since last april, this kind of coincides with when the last stimulus went out. That was the last atch of coveand stimulus checks. By the end of march of last year, essentially we had stopped getting any more stimulus.
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