The Daily

Why Inflation Doesn’t Affect Us All the Same

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.

27:57

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Episode guests

Ben Casselman

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Episode notes

Intro

3min

Understanding Inflation Through Interactive Insights

12min

Homeownership and Inflation Resilience

5min

Inflation's Impact on Households

7min

The Urgency of Protecting Women's Rights

2min

Political Fights Over Abortion Rights and Legal Settlements

3min

Fresh data from the U.S. government on Wednesday showed that inflation was still climbing at a rapid pace, prompting President Biden to say that controlling the rising prices was his “top domestic priority.”

But not everybody experiences inflation equally. Why is that?

Guest: Ben Casselman, an economics and business reporter for The New York Times.

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Background reading:

What’s your rate of inflation? You can answer seven questions to estimate your personal inflation rate here.
Rising prices could hurt Democrats in the midterms, and Mr. Biden has sought to turn the debate over the economy against his opponents.

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