Demand,Demand,Demand-Inflation

摘要

With large sums of money chasing too few goods - you guessed it - inflation is on track and gaining steam. CNBC recently reported: "Consumer prices increased 5.4 percent in June from a year earlier, the biggest monthly gain since August 2008."There are more factors at play than meets the eye. On the demand side, consumers - having sheltered in place for the past year - have money to spend and a year's worth of consuming to catch up on.And whether you support the policy or not, 35.2 million families just received $15 billion in the first of six child tax credit payments - $300 per month for children under the age of six and $250 for those between the ages of 6 and 17. These are monthly payments, the last of which is scheduled for December 10 - just in time for Christmas with pressure on congress to renew the tax credits before the year's end.