(Epic Economist)—People from all over the U.S. are getting outraged by the price increases they’re seeing at grocery store chains operated by Amazon. The behemoth retailer is also raising service fees, and shutting down more unprofitable locations this month, even after laying off almost 30,000 employees over the last year, and reporting record profits for the fiscal year ended in March 2024.
Though official agencies and corporate CEOs cite improving economic conditions in their latest reports, most U.S. consumers have yet to report experiencing some financial relief this year. In fact, a LendingClub survey found that 66% of Americans are still feeling the pinch of higher food prices on their monthly budgets, and that may be especially true for Whole Foods’ and Amazon Fresh customers.
A few weeks ago, one Amazon customer went viral on TikTok for exposing some of the insane prices for everyday staples she had seen at her local Whole Foods store in Boston. The woman, who goes by the username @via..li on the social media platform, posted a video about her expensive purchases, which has been shared by hundreds of thousands of users, and re-shared on various websites.
It’s becoming increasingly clear that fiat currencies across the globe, including the U.S. Dollar, are under attack. Paper money is losing its value, translating into insane inflation and less value in our life’s savings.
Genesis Gold Group believes physical precious metals are an amazing option for those seeking to move their wealth or retirement to higher ground. Whether Central Bank Digital Currencies replace current fiat currencies or not, precious metals are poised to retain or even increase in value. This is why central banks and mega-asset managers like BlackRock are moving much of their holdings to precious metals.
As a Christian company, Genesis Gold Group has maintained a perfect 5 out of 5 rating with the Better Business Bureau. Their faith-driven values allow them to help Americans protect their life’s savings without the gimmicks used by most precious metals companies. Reach out to them today to see how they can streamline the rollover or transfer of your current and previous retirement accounts.
