Inflation, Greedflation, Shrinkflation: Casey, McCormick duel on key election topic

High costs at the supermarket and gas pump have a “salience” for voters that other “economic maladies” do not, according to Jesús Fernández-Villaverde, Howard Marks Presidential Professor of Economics, who noted that even as inflation cools, “people need like six months, one year, to realize that things have turned a corner.”