As a kid, I paid attention to the prices of the shiny new electronics I coveted, not to staples. So I find inflation a bit counterintuitive.
Do any of you who grew up during high-inflation periods have a different intuition about it?
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By "counterintuitive" I mean: a feeling that prices should fall as time goes on, and a vague unease that something is wrong when they rise.
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I guess unease about rising prices will be pretty much the same across generations. How about the sense that prices should fall?
End of conversation
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