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Our Sticker Shock Economy: Understanding Inflation

Essential reading for expensive times.

Alex Dalenberg

Read when you’ve got time to spare.

American consumers are facing the worst inflation in four decades. So why is (almost) everything getting more expensive? Here's what you need to know about the economic forces driving higher prices, how consumers are coping, and when the pain might end. Updated 5/12/2022.

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How Inflation Became America’s Greatest Economic Problem

The last time inflation was this high, the Fed engineered a severe recession. Unfortunately, the problem is much more complex now. Can the off-ramp to spiking inflation go better this time?

This Cheeseburger Explains Your Bigger Grocery Bill

American consumers are seeing food prices rise at the fastest rate in decades. Supply chain snarls, labor shortages and climate challenges (plus the conflict in Ukraine) share the blame.

For Millions of Americans, Price Increases Are Inescapable. Here’s Why.

Households can put off some purchases, such as travel and clothes. But higher costs for gas and rent are unavoidable.

How Soaring Inflation Forces Stark Choices

From rising rent to higher heating bills, surging inflation impacts everybody, but it poses a particular hardship for people with little extra money to spare.

Highest Inflation in America Is Punishing a Texas Town and Its Residents

Midland, Texas, is used to booms and busts. But even here, prices are shocking the local economy — and the Fed may not be able to help.

Why Thinking About Inflation Leads to More Inflation

America is dealing with its worst inflation in nearly 40 years. It could get worse if inflationary psychology takes hold.

How Companies Are Hiding Inflation Without Charging You More

Shrinkflation is causing consumers to pay the same or more for less.

Inflation Is Hurting Women at the Grocery Store. Some Are Eating Less in Order to Feed Their Families.

As grocery prices rise, women have few places to turn. Some report skipping meals, federal food benefits have not kept up and food pantries are also starting to feel the impact.

How I (And US Policymakers) Got Inflation Wrong

Bad takes, revisited.

As Inflation Soars, How Is AriZona Iced Tea Still 99 Cents?

Gas is nearly six bucks a gallon. Groceries are 8% higher than last year. Dollar stores: now dollar-and-a-quarter stores. But a giant, 23-ounce can of AriZona iced tea still costs 99 cents, the same price it has been since it hit the market 30 years ago.

How to Deal With Inflation

Feeling stifled by rising prices? These savvy financial tips will help you save and invest your money.