one thing that wonder about is what if we're not seeing inflation show up in many goods categories because of retail menu costs, but that is starting to change, and in a month or three inflation stats maybe look very differenthttps://twitter.com/sgodofsk/status/1450657636161134592 …
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This might actually be a good test of menu cost vs producers suffering from money illusion -- if prices do go up later on, that suggests maybe prices are sticky because sellers are irrational
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