Economist explains why grocery prices are still so painful 🛒 #shorts
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I didn’t hear an explanation for why inflation isn’t coming down. A grumpy consumer still spending can’t be the explanation.
JUST LOWER THE PRICES . . . DAMN
You want to know why the consumer is spending??? ask yourself. How many e-commerce stores started in the last three years as a side gig to survive? millions and millions! and these stores need to be stocked. That is where all this spending is coming from. Buyers are even arbitraging Walmart! buying chapstick for $3 and relisting in their stores for $9. Tvs..diapers.. you name it.. its being retail arbitraged driving prices up! just like Wall Street arbitrages residential homes driving prices up!
So no one’s gonna mention the Biden/Harris administration….
Duh.