Zero Hedge: Almost 9 In 10 Americans Worried About Inflation
A new survey has found nine in ten Americans say they're concerned about inflation. The high level of anxiety about soaring food, energy, and shelter costs, among others, is felt the same across all age groups, racial and ethnic groups, and income levels.
Insurance and financial services company Country Financial commissioned the survey, finding 88% of Americans are highly concerned about inflation.
Tens of millions of Americans are suffering from runaway inflation that will persist into 2022. The White House and Federal Reserve have erred in calling inflation "transitory," which has proved to be anything but that. Consumer sentiment tumbled to COVID crisis lows in October as inflation expectations marched higher.
Read more ....
WNU Editor: No one believes the political and media narrative that inflation is transitory. And with just cause.
No comments:
Post a Comment