The second-largest grocery store chain in America, Albertsons, simply reported a 30% decline in take-home pay.
Just how can this be when whatever in the supermarket has gone up in price (in addition to Albertsons’ earnings)?
Inflation – that’s how.
The grocery shop in fact isn’t making more cash since also though people are paying more money at the grocery shop.
And also this is exactly how inflation brings about layoffs throughout a financial downturn.
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