The most closely watched economic indicator today is inflation. The federal bank has made it a top priority to manage inflation during the next year. Inflation is like the villain Spectre in the latest Bond movie – No Time to Die. They both like to steal from the economically vulnerable. This is a particularly painful trend, as it acts as a hidden tax to lower income families, already beset with COVID disruptions to children’s school, low pay, work, and daycare. Here are some of the issues contributing to inflation.
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