Axios/Dion Rabouin/4-23-2021

“Americans are growing more concerned about rising costs and are consistently boosting their inflation expectations, new data show. A new survey from CivicScience shows 87% of those surveyed in a representative sample of U.S. adults say they are at least “somewhat concerned” about the increasing cost of household expenses (all numbers are rounded to the nearest percentage point).”
USAGOLD note: That 87% is split between 46% “very concerned” about inflation and 41% “somewhat concerned”. We haven’t gotten to the point yet where consumers en masses are buying now in order to keep from having to pay more later, but that could happen overnight, especially with all the pent-up savings rattling around the monetary system.

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