In this past week alone, I’ve experienced the negative effects of inflation, supply chain, and labor market shortages.
Hi Friend,
In this past week alone, I’ve experienced firsthand the negative effects of inflation, supply chain, and labor market shortages.
Just a few examples:
I could not find Halloween candy or supplies anywhere leading up to the beloved holiday. I seem to not be alone in this. A friend’s neighbor (a professional athlete, mind-you) handed out Christmas candy on Halloween.
When I went to grab coffee at a popular local chain, there was no barista present. Other staffers had to scramble to try to fulfill basic coffee orders... like a coffee with milk and a latte.
Almost every store was out of basic supplies and had long check-out lines due to staff shortages. Friends and family have told me they’ve had trouble finding diapers lately.
It recently cost nearly $4/gallon to fill up my tank. I’ve heard from others that theirs cost over $4/gallon.
I had trouble finding an Uber or Lyft driver yesterday. Due to skyrocketing demand and limited supply of drivers, prices were surging… and there was no guarantee I’d get a ride. A short 13-minute ride cost over $30, and I had to agree to accept the charge even if I did not get a ride.
This is a triple threat to our economic health and financial well-being… and it is expected to only get worse.
I know I’m not alone in this. Have you had similar experiences lately… from rising costs to supply shortages to labor market issues?
