I noticed this with an older car I had. Today I'm trying to replace a 1979 VW Beetle battery and I'm seeing $200!
Are they filling batteries with gold now?
WTH ???
A little bit of it is "inflation" but the vast majority is just pure freekin' GREED.
Roughly a 10 point tariff jump cuts inflation about 0.5 percentage points while adding about 0.3 points to unemployment.
Same CPI, fewer paychecks.
Tariffs don't lead to inflation, they lead to higher unemployment in low skilled jobs. But so does AI.
So we can big mad at tariffs, when AI does the exact same thing.
AI, so far, has increased incomes because of the profession requiring more (and more expensive) expertise. I don't think we have seen the "AI impact" to any appreciable degree yet. And, we may not, as the current implementations have not proven their in-the-field value yet. Stay tuned.