by Michael Snyder
The Economic Collapse Blog
Are you ready to pay 80 percent more for a USB-C cord? Unfortunately, Walmart, Target and other major retailers have decided to start dramatically raising the prices of thousands of imported products. Of course our paychecks are not going up dramatically as well, and so our standard of living is going to go down. We live at a time when 70 percent of Americans are already more financially stressed than they have ever been before, and now big corporations are going to be hitting us with a tsunami of enormous price hikes.
If prices of many imported goods go up by 5 or 10 percent, we can handle that.
But apparently Target is going nuts with their price hikes. For example, it is being reported that the price of one popular USB-C cord is being increased by 80 percent…