Grocery prices, credit card debt, and your 401K (Two Indicators)

This podcast episode discusses various signs and indicators of consumer financial distress, including rising credit card delinquency rates, falling sales at discount stores, and an increase in hardship withdrawals from retirement accounts. These indicators suggest that many consumers, especially those at the margins, are facing economic pressure as pandemic savings run low and financial assistance is reduced. The episode also explores the Robinson-Patman Act, an antitrust law from the 1930s, and the ongoing debate surrounding its effectiveness in preventing price discrimination by suppliers. While some argue that reviving the law would help level the playing field for small grocers, others believe it could lead to higher prices for consumers.