Sweet Tooth Economics
As I wrote last month, inflation can take two guises: paying more for the same item; or, paying the same for less. See, “Kaplan Family Price Index.”
Both types were on display at the Uptown Minneapolis Lunds today.
Their (Dutch) brownies — the best in town — just jumped from $2 to $2.50.
Meanwhile, I swear that their Long Johns (still 99¢) just got . . . a little less long.