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

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!

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