Expecting consumers to resist 8.3 percent inflation, some retailers have figured out hidden price increases that are tough to see.
When Harriet Tubman becomes the face of the $20 instead of Andrew Jackson, she will show what money can say.
Knowing that consumers fuel the GDP, we can ask if our projected Mother’s Day spending will continue to support the economy.
Wondering why plunging unemployment and sustained economic growth have not lifted our spirits, we need just look at the Misery Index.
We can see that our inflation concern has become inelastic when we look at the basic groceries that are more expensive.
Whether looking at 2022 or 1979, we would see that our inflation expectations can become a self-fulfilling prophecy.
We have a mystery when we see that corporations are shrinking packages while their CEOs’ inflation expectations are uninformed.
Looking at 46 countries, we can ask if global inflation is similar to what we are experiencing in the United States.