The Illusion of Growth: How Inflation Skews Our Perception of the Stock Market

The Illusion of Growth: How Inflation Skews Our Perception of the Stock Market
A customer shops for eggs at a grocery store in Austin, Texas, on Feb. 8, 2023. Brandon Bell/Getty Images
Alexander Frei
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Commentary
Americans can readily see the effects of record-high inflation every time they shop. Prices have soared, from the grocery store to the gas pump. Although inflation has cooled, families are still feeling the pinch.
Alexander Frei
Alexander Frei
Author
Alexander Frei is senior research associate in the Center for Data Analysis at The Heritage Foundation.