Consumers are tired of inflation. But some retailers fear falling prices - eviltoast
Deflation could put pressure on retailers and brands to drive more volume, debut innovative products and find other ways to cover costs such as higher wages.

Key Points

  • As shoppers await price cuts, retailers like Home Depot say their prices have stabilized and some national consumer brands have paused price increases or announced more modest ones.
  • Yet some industry watchers predict deflation for food at home later this year.
  • Falling prices could bring new challenges for retailers, such as pressure to drive more volume or look for ways to cover fixed costs, such as higher employee wages.
  • SeaJ@lemm.ee
    21·
    8 months ago

    One issue with raising taxes as a tactic for slowing money supply growth is that it is not very agile. Once inflation gets back under control, Congress is not automatically going to lower the tax rate. I do agree that we should raise taxes but that’s more for four the budget deficit and the high wealth inequality.