The Inflation You Don’t See

by Rick Newman
Yahoo! Finance

YouTubeTV just raised the cost of its basic service by $10 per month—a 14% price hike. If you’re on top of your email, you might have seen the notification. But you won’t see any mention of the price hike where you actually consume the product, on your television or other streaming gizmo.

Consumers have grappled with unusually high inflation for the last three years, an economic burden that may have cost incumbent Vice President Kamala Harris the 2024 presidential election. Harris and her boss, President Joe Biden, have repeatedly pointed to steady progress in bringing inflation down since it peaked at 9% in 2022. But inflation has morphed into a different creature than it was in 2022, and it’s proving difficult to slay.

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