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inflation is a big part of it. Supply is with Omicron or quarantined because Accidents do happen and insurance

not able to keep up with demand, the they came in contact with someone companies pay to fix things. When it

cost to produce goods and services infected. And with all the stimulus costs more to fix things the price you

has skyrocketed through much of the money filling their bank accounts the pay for insurance will go up also.
economy. It is estimated that consumers American consumer was willing to
Realizing inflation was not going
will spend $279 more at the grocery spend whatever was necessary to get to moderate, the Fed announced in
store than what the same basket of whatever they wanted. With fewer November that they would begin
goods cost a little over a year ago. products on the shelf because industry
raising rates in early third quarter 2022.
and businesses are short of employees
Gasoline prices are a dollar a gallon Inflation had indeed taken hold and
to make and move the product, prices
higher than they were a year ago and naturally go up. was not transitory and they needed to
the price of crude oil is nearing $100 a do something. They would gradually

barrel, a sure sign that it will not drop When demand exceeds supply, prices back down on their monthly purchase
back to levels seen a year or so ago. will go up. Remember why real estate of mortgage-backed securities and
prices are skyrocketing? And businesses treasury bills which had served as the
The Federal Reserve tried to convince can only absorb so much of an increase catalyst for mortgage rates to drop

us last summer that the increase in
in producing their products before to historic low levels and stop them
inflation was transitory and would
they must pass on those increases completely by June or July of 2022. Th ey
moderate as soon as supply chain issues
to consumers. Seen any increases were spoon feeding unwelcome news to
improved. Boy were they wrong.
in restaurants? Wait till you get the the market.
Instead supply chain issues worsened call from your insurance agent about But this gradual strategy accelerated
as a new strain of Coronavirus hit late increases in your car and homeowner’s dramatically when the monthly
last summer and millions of workers premiums.
were idled by being either contagious Steve

Elect
Stouffer

SHERIFF

Facebook (Steve Stouffer for Sheriff) • www.stouffer4sheriff.com

Authority: Citizens for Steve Stouffer, Keli Jones,Treasurer
Sgt. Wallace J. Mowbray Memorial Award - Officer of the Year
Two time Investigator of the Year - FBI-LEEDA Internal Affairs Investigator
Patrol Supervisor - Criminal Investigations Supervisor - Special Operations Supervisor
Chairman of the Caroline Co. Republican Central Committee (2014-Present)
Donald J. Trump County Campaign Coordinator (2016 & 2020)
“Steve Stouffer was among the best, if not the best officer, who I had the honor of working with.”
Lance Richardson, Queen Anne’s Co State’s Attorney (2009-Present)

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