Odometer Trick: Why Are Groceries So Expensive If Inflation Is “Cooling”?
Why Are Groceries So Expensive If Inflation Is “Cooling”? The Odometer Trick, Explained Why are groceries so expensive when every headline says inflation is calming down? Because two different things are being measured — and confusing them is probably the single most common misunderstanding in all of economics. Grocery inflation has slowed to a modest … Read more