The Humanization of Pet Ownership

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Pet food is a fascinating example of this because pet food has been premiumizing to coin a term there for many, many years. So that trend has been kind of turbocharged by the pandemic. You know, pets don't eat more than they used to, but we're spending way, way more on pet food than we used to. And that is a part of this long-running premiumization trend that has only gotten deeper over the past three years.

Inflation happens for a lot of reasons that can be hard for even economists to fully grasp. But — as we learned this spring in an episode we’re rerunning today — there’s also a more straightforward reason prices keep going up: greedy corporations are using inflation as an excuse to jack up prices.

This episode was produced by Miles Bryan, edited by Matt Collette, fact-checked by Laura Bullard, engineered by Paul Robert Mounsey, and hosted by Noel King.

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