Inflation is no longer just an economic term—it’s a painful reality affecting the lives of millions of Americans, from soaring grocery bills to skyhigh restaurant tabs.
In a lively discussion on The Call @ Hedgeye today, Macro analyst Josh Steiner and Hedgeye CEO Keith McCullough brought the numbers to life with real-world examples of inflation’s impact.
Steiner highlighted a recent Reddit post that spotlighted a jaw-dropping 32% price hike at a Texas restaurant in just three months, emphasizing the rapid pace of cost increases faced by everyday consumers.
McCullough then turned the spotlight to global commodities, where inflation’s fingerprints are unmistakable. “Cocoa and coffee prices are on an epic tear,” he explained, before joking, “Pretty soon, instead of stacking gold coins, I might have to find a way to store coffee.”
Whether it’s your morning cup of coffee or dinner out with friend and family, the evidence is clear: inflation is reshaping our financial landscape.
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