Supermarkets slash hundreds of prices as customers face cost-of-living crisis: Asda and Morrisons reduce price of tea-bags, eggs, meat and cereal by up to 13% on average

Sharing is Caring!

by Boo_Randy

Are the first signs of deflation appearing? Tapped-out consumers in our oligarch-looted, inflation-ravaged economies (f**k you, central bankers) can’t afford to buy items priced out of reach, forcing retailers to start cutting prices (and slashing their own profits, which is going to impact share prices). Deflation is the nightmare scenario for the central bankers and the reckless gamblers who binged on debt to buy into speculative asset bubbles like housing. Look out below!

See also  Fertilizer prices at all-time highs = cost of food production up = supply of food down = price of food up.

www.dailymail.co.uk/news/article-10750395/Supermarkets-slash-hundreds-prices-customers-face-cost-living-crisis.html

Help Support Independent Media, Please Donate or Subscribe:
Trending:
See also  The Australian building industry is now in full on “crisis” mode with warnings the country’s biggest builder Metricon is on the brink of collapse.

Views: 111

Leave a Comment

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