by Michael Snyder
The Economic Collapse Blog
If you think that inflation is bad now, just wait until we get into early next year. As you will see below, some of the biggest corporations in the entire country have just announced major price increases which will take effect during the first few months of 2022. So if there are some things that you want to stock up on, you may want to do it now, because your money won’t stretch as far once we get a few months down the road. I really wish that I had better news for you. I really wish that I could tell you that prices are going to level off and that economic conditions will return to normal soon. Unfortunately, the truth is that it appears that our problems will soon be accelerating.
Earlier today, I was stunned to learn that General Mills has announced that prices on “hundreds of items” will be jacked up dramatically in early 2022. In some cases, prices “will go up by around 20%”…