High Energy And Transportation Costs To Boost Future Inflation In U.S.

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Credits: Karolina Grabowska/ Pexels
  • A higher-valued U.S. dollar saps the strength of foreign economies, exacerbating hunger and wellness and leaving more people in poverty.
  • Transportation costs continue to be high as diesel fuel prices remain elevated.
  • The domestic petroleum industry has been shrinking refining capacity, necessitating increasing volumes of finished products being shipped around the country. 

Inflation is an insidious economic cancer. It diminishes asset values, erodes wages and...

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