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.
Inflation doesn’t prevent wealth hoarding. In fact it benefits non-cash assets which the rich hoard plenty.
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How does reducing the value of cash prevent hoarding of gold (which would be worth more cash then)?
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But then they just hoard real estate.
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