USA "RRP Explosion": Fed Reverse Repo Soars To Third Highest With "Incredible Amount Of Cash" Up to $450 billion per day

Ragnarok

On and On, South of Heaven
So this all means that inflation is speeding up and a box of cereal will be 10 bucks and smaller, instead of 2.50?

General Mills Warns of ‘Inflationary Environment,’ Plans to Hike Prices
General Mills said Wednesday that it expects inflation to raise its costs and announced plans to raise prices to preserve margins.

The packaged-food company said total cost inflation is expected to amount to about 7 percent of the company’s cost of goods sold expense line.

The company said it is addressing the “inflationary environment” through price increases for most of its portfolio and other cost-saving measures.

 
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