Inflation is at an all time high in the United States. In the US recent numbers have reached 5.4% which is at a steady 13-year high. Inflation has been formed by an onset of the China Evergrande Crisis, Global Energy Crisis, and US Government Spending. With all of this inflation, expect to pay more for gas, household goods and food. This inflation will spill over into the holiday season which is where the retail industry will be hit the hardest. You may hear lots of opinions from multiple sources say that you can combat inflation buy investing in stocks or crypto but that simply is not the case. The only way to battle inflation is through increasing your household income and budgeting.
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I am not a qualified licensed investment advisor. All information found here, including any ideas, opinions, views, predictions, forecasts, commentaries, suggestions, or stock picks, expressed or implied herein, are for informational, entertainment or educational purposes only and should not be construed as personal investment advice. While the information provided is believed to be accurate, it may include errors or inaccuracies. I will not and cannot be held liable for any actions you take as a result of anything you read and/or view and/or hear on the channel.
