Episode 231: The Misinformation on Inflation
Words & Numbers
00:00
What Is Inflation?
There's no such thing as a pound bag of coffee in a grocery store and there hasn't been for a long time. This has happened to product after product. We could talk about cans of tuna, we could talk about cereal. And that is a de facto price increase. So when you hear inflation numbers, it's accounting for both actual prices and the quantity or the quality that you're getting.
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