Common_Denominator

Are US Inflationary Concerns Inflated?

PonchoVilla hit it on the nail....rate of change versus actual change.
When gasoline goes from $1.50 to $2.00, the rate of change is 33.3%. When gas goes from $3 to $4, the rate of change is the
same but the PAIN factor is much greater.

Note, gas has gone up much faster than wages in recent months.
So the pain is certainly felt by wage earners who did not get 33%
raise in the same time period.