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TAG: inflation

Soaring grocery prices not acts of God

by Steven Hill Since the pandemic, going to the grocery store has become a jarring experience. On a recent visit, I packed my purchased items into my tote bag and then gawked at the receipt in disbelief. I’m not alone. Griping about the high cost of groceries has become a national ...

Thanks for that all-American $5 deal, McDonald’s

We make no health claims for the new $5 deal at McDonald’s: A McDouble cheeseburger or a McChicken sandwich, four chicken nuggets, french fries and a small soda. We’d say that if you are having a cheeseburger and fries, the addition of fried McNuggets are, well, a tad extra, as the kids ...

Greedflation has hit the tipping point

If there was ever proof of “greedflation” — corporations inflating prices just because they can — it’s the price rollbacks many retailers are now touting as “for the customer” in press releases and commercials. Part of the disconnect between how people feel about the economy ...

A remedy for inflation’s high tides?

by Bruce Yandle In recent days, the inflation indicators have stubbornly signaled that a high tide of prices is still soaking us consumers. Growing at a 3.5% annual rate in March, the Consumer Price Index has now exceeded expectations for three months hand-running. Once again, ...