ViewpointsOpinionUnderstanding Inflation, the ‘Mugger’SaveMark Us Preferred on GooglePrintThe high price of gasoline is displayed at a Los Angeles gas station on Nov. 24, 2021. Chris Delmas/AFP via Getty ImagesRoger Kimball12/13/2021|Updated: 12/20/2021CommentaryYou don’t have to be an economist in order to understand inflation.We had a problem loading this article. Please enable javascript or use a different browser. If the issue persists, please visit our help center.