US $ is losing its value
One reason for the higher costs of products and services is that the US dollar is losing its value due to inflation of currency (the more dollars created out of thin air, the less valuable they become). Another reason for price increases are the taxes on corporations. Also, the rules and regulations that business owners must adhere to in order to stay in business. Now, add to that mandatory minimum wages, healthcare costs, etc., and you have price increases that are inevitable and passed on to the consumer.
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