MLIV Pulse: Have Firms Raised Prices More Than Needed Through the Pandemic?

The video discusses the current economic climate, highlighting a sense of nervousness due to dwindling cash reserves. Despite this, consumer confidence remains strong, with continued spending. Inflation persists, and there is an expectation of further economic disruptions before the year ends.

What overall trend in consumer spending is indicated in the text?

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What does the phrase 'something else will break' imply about the future economic situation?

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