This episode of Planet Money delves into the disparity between official inflation data and people's perceptions of rising costs, or "infeel-tions." Hosts Kenny Malone and Jeff Guo explore how personal experiences, particularly with frequently purchased items like groceries and gas, and generational exposure to inflation shape individual inflation anxieties. They interview economist Ulrike Malmendier, who discusses how living through periods of high inflation can leave lasting "economic scars," and economist Louise Shainer, who explains the complexities of measuring housing costs in the Consumer Price Index (CPI). The hosts also check in with TikTok creator Rocky, who sparked the conversation with his viral video about the high price of cereal, to get his real-time perspective on grocery prices and discuss strategies for managing inflation-related stress.
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