#LondonCalling. Inflation Monster Stalks the Recovery. @JosephSernberg @WSJOpinion

May 12, 12:47 AM
Photo:  No Inflation; or, Hard Pan Waltz.   Music Copyright Deposits, 1870-1885.

CBS Eye On the World with John Batchelor
CBS Audio Network
@Batchelorshow

#LondonCalling. Inflation Monster Stalks the Recovery. @JosephSernberg @WSJOpinion


https://www.wsj.com/articles/consumers-adjust-to-higher-prices-11620552601?mod=hp_lead_pos1

Costs are rising at every step in the production of many goods. Prices for oil, crops and other commodities have shot up this year. Trucking companies are paying scarce drivers more to take those materials to factories and construction sites. As a result, companies are charging more for foods and consumer products including foil wraps and disposable cups.