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.
The trajectory of internet prices in markets that had never before existed is not entirely what we might have expected.
Seeing that barrels of crude oil are increasing expensive, we can ask if and how quickly our gasoline prices will respond.
Looking at generational spending, we can see our age-related expenses and also how inflation will affect the different groups.
Looking at coffee production costs, we can see why Starbucks would be concerned about cup and lid supply problems.











