Comment on Inflation Can Spell Disaster for Some 40% of Americans

Inflation Can Spell Disaster for Some 40% of Americans

As of December, prices across all goods and services had risen more in a single year than they had in nearly 40 years. The impact of that 7% increase stands to hurt already-vulnerable Americans the hardest. A 7% markup can leave high earners unfazed. Others with even some savings and discretionary income can take action... Elizabeth Renter writes for NerdWallet.

 

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