Reported about 16 hours ago
This article discusses the rising costs of common goods driven by global market dynamics, particularly focusing on the trends of de-dollarization and trade policies that are affecting the value of the dollar. RSM Chief Economist Joe Brusuelas explains how these shifts lead to inflation, using the example of guacamole to illustrate how tariffs and currency depreciation can inflate grocery prices. The discussion emphasizes the potential economic consequences, including the looming risk of recession.
Source: YAHOO