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Why you should buy your Christmas presents early this year
Well, I mean, other than avoiding the stress of last-minute buying on Christmas eve.
The main reason this year is, if you buy them later, prices should be considerably higher. And, if you order online, you risk not getting them on time.
There are three main reasons why this will be the case. (Pundits will point out ten others, I am sticking with the easy ones)
1. Monetary inflation
As you may recall, we just are still in the middle of a Pandemic. And, in order to support the economic impact of the COVID19, most governments around the World printed A LOT of money. And that money is finding its way into the economy.
Not wanting to go too deep into monetary economics, if you print more money, more money becomes available. And when you have too much of something, its relative value drops.
And that is happening pretty much to every currency out there. Misquoting Game of Thrones: Inflation is Coming.
2. Supply chain limitations
The industry is finding it hard to cope with increased demand after the slowdown of the Pandemic. Factories closed, some will not open again, others are still struggling to come back to full production. With a highly integrated supply chain as we…
