Why Inflation is About to Soar
Be Wealthy & Smart
Linda P. Jones
4.8 ā¢ 883 Ratings
šļø 27 September 2021
ā±ļø 11 minutes
šļø Recording | iTunes | RSS
š§¾ļø Download transcript
Summary
Learn why inflation is about to soar. Prices are rising, the supply chain is broken, container prices have multiplied ten times over. Vendors are passing along the prices to consumers. The time to prepare is NOW!
The article is here.
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Transcript
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| 0:00.0 | Be wealthy and smart, episode 936. If y'all know what I mean put your hands up and declare with me |
| 0:13.8 | Yeah, I'm full of pay e-e-e-e-e-h-h-h-h-h-a I'm gonna live a good life |
| 0:21.2 | A beautiful and glorious life Step into a world of wealth and wealth and financial freedom without budgets, boredom or bosses on |
| 0:31.4 | be wealthy and smart. And now here's your host, Linda P. Jones. |
| 0:37.0 | Welcome to Be Wealthy and Smart. I'm Linda P Jones, America's Wealth Mentor, |
| 0:42.0 | Empowering Women and men worldwide to financial freedom. |
| 0:45.2 | On today's show we're going to talk about why inflation is about to soar. |
| 0:51.1 | And that's because there's shortages, there's problems with the price of |
| 0:55.8 | containers and being able to have the supply chain run smoothly. |
| 1:00.9 | We're going to talk about lots of things that are going on and some practical things that you need to do to prepare. |
| 1:07.0 | This article comes to us from C and B.C. and was written by Jeff Cox. |
| 1:12.0 | And he says, Costco Nike and FedEx are warning there's more |
| 1:15.8 | inflation set to hit consumers as holiday's approach and it says shipping |
| 1:21.0 | bottlenecks that have led to rising freight costs are cooking up a holiday |
| 1:24.7 | headache for US retailers. |
| 1:27.0 | Costco this week joined the long list of retailers sounding the alarm about escalating shipping |
| 1:32.0 | prices and the accompanying supply chain issues. |
| 1:36.4 | The warehouse retailer, which had a similar cautionary tone in May, was joined by Athletic |
| 1:42.2 | Ware Giant Nike and Economic Bellwethers, FedEx, and General Mills in discussing |
| 1:48.0 | similar concerns. |
| 1:49.7 | The cost to ship containers overseas has soared in recent months. Getting a 40 foot |
| 1:54.8 | container from Shanghai to New York cost about 2,000 dollars a year and a half ago |
... |
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