Among many, one weapon for fighting inflation is the interest rate increases that central banks around the world are now implementing.
Looking at global inflation rates beyond U.S. borders, we see that the U.S. plight is a problem that varies from country to country.
Suggesting causation, people are pointing out that as gasoline prices go up, more drivers are stranded with an empty tank.
While ascending food prices could encourage us to buy less of certain breakfast items, the impact of coffee inflation could be different.
The 2021 Federal Reserve Board SHED report lets us see the inflation clues we can gather from the increase in household financial well-being.
Big Mac economics tell a food inflation story when we look at beef, special sauce, lettuce, cheese, pickles, onions and a sesame seed bun.
Since 1980, the convergence of New York City subway fares and pizza slice prices was a predictable phenomenon called the pizza principle.
We can see that our inflation concern has become inelastic when we look at the basic groceries that are more expensive.
Whether looking at 2022 or 1979, we would see that our inflation expectations can become a self-fulfilling prophecy.
With gasoline prices above the national average in New Jersey and Oregon, we can ask if their full service gas stations are one reason.











