$8 for a dozen eggs: Billionaire Ken Griffin warns Americans are still getting hurt by ‘deeply triggering’ inflation

Citadel founder Ken Griffin warned that persistent inflation continues to bite consumers through everyday price shocks — from $2.50 sodas to $8 dozen eggs — arguing the decline in U.S. dollar purchasing power remains “deeply triggering.” The article cites recent CPI data (April +0.6%, March +0.9%; year-over-year +3.8%) and large gains in energy and food components, noting gasoline up ~28% YoY. It highlights investor interest in inflation hedges, particularly gold, which has risen more than 35% over the past 12 months, and recommends real assets (real estate, art, gold) as diversification. Market impact: persistent inflation and energy shocks are likely to sustain demand for safe-haven assets such as gold and real assets, supporting further strength in gold prices and prompting reallocation from cash into inflation-resistant holdings.