The great inflation is coming, SHEIN officially starts raising prices in the United States, with a maximum increase of 377%

Even the feed, tools, and agricultural machinery needed for food production in the United States will see price increases; the labels, packaging, condiments, and preservatives on food items will also rise in price; the various daily necessities needed by farmers and herders growing crops and raising livestock, truck drivers in the logistics transport sector, and employees in the sales industry are also experiencing price increases.

Most of these are consumables, which means it is not only inconvenient to stock up too much, but the subsequent effects will continue to transmit through the supply chain to other industries.

To give a simple example, the following items are typical products that embody the lipstick effect. They will directly or indirectly increase the living costs of female workers, which will then be transmitted to the tip costs in various service industries.

Previously, Buffett's short-term investment in Utah Beauty is also a representative enterprise of the lipstick economy, which is likely to experience significant fluctuations.