This Bloomberg piece on rising prices is good -- it's part of why so many Americans say the economy today is terrible, even with lower unemployment and wages that finally, after decades of stagnancy, rose a bit
"It now requires $119.27 to buy the same goods and services a family could afford with $100 before the pandemic."
But I wished the piece also mentioned price-gouging and -fixing too -- i.e. companies/monopolies using inflation as an excuse to jack up prices
https://www.bloomberg.com/graphics/2023-inflation-economy-cost-of-living/#xj4y7vzkgprices up
Clive Thompson /
npub1d2…hpnye
2023-11-28 17:46:29
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2023-11-28 17:46:29Event JSON
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