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If you think that inflation is bad now, just wait until we get into early next year. As you will see below, some of the biggest corporations in the entire country have just announced major price increases which will take effect during the first few months of 2022. So if there are some things that you want to stock up on, you may want to do it now, because your money won’t stretch as far once we get a few months down the road. I really wish that I had better news for you. I really wish that I could tell you that prices are going to level off and that economic conditions will return to normal soon. Unfortunately, the truth is that it appears that our problems will soon be accelerating. For some items, prices will go up by around 20% beginning next year. Ouch. When you go to the grocery store after the holiday season is over, get ready for a case of severe sticker shock. Right now, a single shopping cart of food can easily run more than 250 dollars at the grocery store. Once these price increases go into effect, will it take 300 or 400 dollars to purchase a typical shopping cart full of food? Just thinking about that gives me the shivers. It was inevitable that this day would come, but it is still very sad to see it actually happen.When I was growing up, I remember going to the “five and dime”, and in those days you could actually buy things for a nickel or a dime. Many readers may think that a 25 cent increase is not that big of a deal, but for the millions of impoverished Americans that regularly shop at dollar stores that will really add up. Suddenly moving from $1.00 to $1.25 is a 25 percent price increase, and that change will literally apply to thousands upon thousands of different products. Inflation is rapidly eroding our standard of living, and the American people are not happy about it. These are the days of the great currency meltdown that so many have been warning you about. The dollar is in the process of dying, there are shortages all over the country, our economy is being shaken in hundreds of different ways, and the worst global energy crisis in decades has suddenly erupted. Unfortunately, things are going to get even worse in 2022. So hold on tight, because a really bumpy ride is ahead of us.
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