As economies around the world begin to recover, business owners and consumers alike are starting to breathe a sigh of relief. But as most of us have likely either heard about or even experienced already, there are foreboding signs the economic recovery may not exactly be as strong as we need it to be. 

That’s because we’ve found ourselves in the midst of a recovery where there are major scarcities of commodities and basic goods, rising wages, worker shortages, higher shipping costs, growing government debt, and perhaps most forebodingly of all, drastically increasing inflation rates.

Inflation rose by 5.4% in the U.S. this last June, which represents the largest increase in over 13 years. This has made many everyday consumers and policymakers worried that the economic blow from the lockdowns during the pandemic are really here to stay for the long term, and that the return-to-life we’re currently witnessing in the economy…

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