Wolfstreet, Released on 8/29/21

Enough consumers, flush with free money, are suddenly eager to pay those higher prices, particularly for big-ticket items they didn’t really have to buy. Magic Mix for rampant inflation.

Wolf Richter is the founder of Wolf Street Corp and the publisher of WolfStreet.com. Wolf has over twenty years of C-level operations experience, including turnarounds and a VC-funded startup. He has a BA, MA, and MBA (UT at Austin). In his prior life, he worked in Texas and Oklahoma, including a decade as General Manager and COO of a large Ford dealership and its subsidiaries.

  economy, inflation