This interview originally aired on "In the Moment" on SDPB Radio.
For our last Monday Macro conversation, Joe Santos, Ph.D., explored the disconnect between how economists and consumers describe the U.S. economy. Listen to that conversation here.
Today, we take a close look at the inflation fallacy and how that can help explain the differences in economic perspectives.
Santos is the director of the South Dakota State University Ness School of Management and Economics.
