I

 

mean what do you really think is going to happen?

Inflation nation: US wholesale prices are still running hot

"Economists over at Moody’s Analytics estimate that annual inflation is costing the average US household $250 a month based on December’s CPI figures.

To place that burden into perspective – some 36 percent of Americans do not have enough cash or cash equivalents to cover a $400 emergency expense, such as a car repair or medical bill, according to the US Federal Reserve."

"Prices for goods and services have been blowing past the US Federal Reserve’s target inflation rate since last year, as supply chain snarls and shortages of raw materials and labour raise input costs for businesses.

Firms in turn are passing at least a portion of those higher costs on to consumers – a pattern reflected in the consumer price index (CPI), which accelerated at its fastest pace in 40 years last month."

I'd be getting my soul right...yup...