It’s Official. The Inflation Numbers Are a Hot Sticky Mess. Consumer Sentiment Is Lower Now Than It Was At The Depths Of Covid.

Sharing is Caring!

Analyst: Inflation Crisis One of the ‘Worst’ in Modern History

See also  The REAL DOOM: Inflation in The Netherlands now at 5.6%
See also  Biden Official "We are imploring Congress to pass the CHIPS Act. It has to happen by Christmas. This cannot take months," [CNN]

The managing director of a retail consultant firm said the soaring inflation crisis is one of the “worst” in modern history because it escalated quickly.

Strategic Resource Group managing director Burt Flickinger told Fox Business on Thursday that the current inflation crisis “was not a crisis 12 months ago.”

“This is the biggest emerging economic crisis for consumers for over a decade,” Flickinger said. “The average cost of living for a family of four is up about $5,000 a year so now it’s a choice between heating homes, feeding families, or giving gifts.”

604 views

Leave a Comment

This site uses Akismet to reduce spam. Learn how your comment data is processed.