FEE.org: We Just Got Proof Global Inflation is Surging
"It’s increasingly impossible to deny that both in the US and globally, prices are on the rise. Why does this matter? Well, inflation acts as a stealth tax on everyday people. Other consumers are getting hit with “shrinkflation” as stores shrink the size of packages for a given price, a sneaky approach for retailers wary of the backlash that comes with raising sticker prices. Inflation doesn’t come out of nowhere. It’s what happens when the government prints money to pay for spending, rather than directly raising taxes. Either way, we all lose." Source: https://fee.org/articles/we-just-got-proof-global-inflation-is-surging/?utm_source=zapier