What if the current price increases American consumers are experiencing are not temporary, caused by inflationary pressures, but instead are signs of a once every 70- to 100-year massive economic recalibration? Free Range Pricing We saw this happen in the last century. It started with a gasoline crisis in 1973, and it continued into the 1980s. During that period, prices for nearly everything soared and then most stayed at higher levels creating an entirely new consumer reality. Prices were rising so fast that many retailers for a time did …
Maybe It’s Not Inflation, but an Economic RecalibrationRead More