Price Inflation In The USSA: $1 Items Now Costing Up To $7
Remember when those crazy conspiracy theorists warned that creating too much governmental debt would end up devaluing the US dollar and thus cause price inflation, making the cost of living more expensive for average people? Well…
Discount retailer Dollar Tree has sparked a revolt among some of its customers after increasing the price cap of items to $7 across thousands of stores nationwide.
"If it were really going to go up like $7 … that'd be too much. I'd rather just get everything at Walmart," Scott Kolack, a Dollar Tree regular, told WPTV-TV.
On March 13, Dollar Tree CEO Rick Dreiling told investors during a conference call, "This year, across 3,000 stores, we expect to expand our multi-price assortment by over 300 items at price points ranging from $1.50 to $7."
Dreiling said the higher costs would include food, pet, and personal care items, though not all items will reach the $7 mark.
"Over time, you will also see us fully integrate multi-price merchandise more into our stores so our shoppers will find $5 bags of dog food next to our traditional $1.25 pet treats and toys, and our $3 bags of candy will be found in the candy aisle," Dreiling said.
Dollar Tree's CEO also pointed out that the company's fastest-growing demographic is consumers making around $125k a year. This comes as Bidenomics fails what's left of the middle class. There really is something amiss with the economy when budget retailers can no longer supply customers with low-cost items.
Meanwhile, all 99 Cents Only stores across the nation are closing for good. Dollar Tree is closing nearly 1,000 Family Dollar stores, citing theft & inflation.
This is of-course is just another one of the thousands of economic domino effects of national debt insolvency. As long as the government needs Trillions in debt every 100 days to fund thePost too long. Click here to view the full text.
