$5200. That’s how much money we all need to “add to our budget” a year to make up for the inflation, according to Bloomberg economists. About $2,200 of that inflation tax will come from pricier food and energy, they added. And that, ladies and gentlemen, boils down to an extra $433 per month on the same goods and services as last year. So you better stop being poor immediately!
As you can suspect, the headline went viral on social media and in no time, and sarcastic reactions flooded Twitter with comments like “Should that come out of my caviar budget, or should I downsize my yacht?” and ” Should I make the third home a rental property?”
Meanwhile, another set of news broke that corporations reported record profits, making 2021 their best year since 1950…
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