U.S. consumers face “serious” inflation in the months ahead

USA Today posted an article that should serve as a WAKUP CALL to Americans.

U.S. consumers face “serious” inflation in the months ahead for clothing, food and other products, the head of Wal-Mart’s U.S. operations warned Wednesday.

The world’s largest retailer is working with suppliers to minimize the effect of cost increases and believes its low-cost business model will position it better than its competitors.
Still, inflation is “going to be serious,” Wal-Mart U.S. CEO Bill Simon said during a meeting with USA TODAY’s editorial board. “We’re seeing cost increases starting to come through at a pretty rapid rate.”

We all need to get ready for major changes to our lifestyle in the coming months. The out of control spending by the US government is finally going to hit home. The sad part is that these price increase will hit the low income families the hardest! Scary times ahead!

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