Why Inflation Doesn’t Affect Us All the Same

Why Inflation Doesn’t Affect Us All the Same

The Daily The New York Times
May 12, 2022 • 28m
Fresh data from the U.S. government on Wednesday showed that inflation was still climbing at a rapid pace, prompting President Biden to say that controlling the rising prices was his “top domestic priority.”But not everybody experiences inflation equally. Why is that?Guest: Ben Casselman, an economics and business reporter for The New York Times.Want more from The Daily? For one big idea on the news each week from our team, subscribe to our newsletter. Background reading: What’s your rate of inflation? You can answer seven questions to estimate your personal inflation rate here.Rising prices could hurt Democrats in the midterms, and Mr. Biden...

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