Economist Explains Why We’re Enduring Inflation, Says There’s Hope For The Future

Inflation is the highest it’s been in 40 years, and many Americans wonder when it will end – and how they can stretch their dollar until it does. Neha Bairoliya, an associate professor in the Department of Finance and Business Economics at the Marshall School of Business at the University of Southern California, says there are many factors that explain why we are in this inflationary predicament. “The world all of a sudden became a very unsafe place. People were cutting down spending, not because they didn’t want to spend, because there was no way to spend,” Bairoliya tells Dr. Phil on Monday’s episode, “How to Survive Inflation: Couponing and Shrinkflation.” “That created unprecedented supply chain disruptions because the world is a much more interconnected place today than it used to be.” So how long will this high inflation last? Hear Bairoliya’s thoughts in the video above. And hear what she says you can do in the meantime. On Monday’s episode, a coupon queen tells viewers how to get necessities for nearly nothing, and a consumer advocate explains shrinkflation -- how to spot it and what to do about it. Plus, a food prepper shares her tips to prepare for shortages and save big on food. Check local listings to see where you can watch. WATCH: Queen Of Couponing Shares How You Can Save Thousands Of Dollars A Year TELL DR. PHIL YOUR STORY: Stressed about Inflation?