People Are Not Inflation Idiots

Commentary
There’s something about employed academics. They are certainly in their element when they are debunking common knowledge and common perceptions of ordinary individuals.
They love everything better. It’s a means for them to show off their outstanding knowledge, flash their qualifications, and amaze others with the significance of their time and expense in teaching. They are justified by their money and social status. And it guarantees their careers.
Where would we be if they were n’t there? Wallowing in misunderstanding, no fear.
The issue is that frequently the academics are incorrect while the common wisdom is correct.
We’ve seen several cases of this recently with regard to prices. Most individuals seem to believe that things are getting worse and heading in the wrong direction. According to a latest poll of swing-state citizens, 74 percent of people actually say this.

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