The Daily Why Inflation Doesn’t Affect Us All the Same
4 snips
May 12, 2022 
Join Ben Casselman, an insightful economics and business reporter for The New York Times, as he unpacks the nuances of inflation and how it impacts various demographics differently. Discover an interactive inflation calculator that helps listeners gauge their personal inflation rates. The conversation highlights how middle-aged homeowners have a financial advantage, while lower-income families and retirees face significant challenges. Casselman also delves into the emotional toll of rising costs and strategies for coping in an ever-changing economic landscape.
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Personalized Inflation
- Inflation affects everyone differently based on spending habits, location, and lifestyle.
- An inflation calculator can personalize your inflation rate based on these factors.
Youth & Inflation
- Young people are surprisingly well-positioned to handle inflation due to job market flexibility.
- They can leverage high demand for workers to negotiate better pay and opportunities.
Middle Age & Inflation
- Middle-aged Americans face a squeeze from inflation with less job flexibility and more expenses.
- Homeownership with a fixed-rate mortgage offers some protection.