Inflation has made many of us nostalgic for the prices of just a few years ago. Could you accurately guess the average price in February 2020 for groceries or gas?
Inflation makes us pine for the low-price days of a year or two ago, and our faulty memories aren’t helpingPeople used to talk wistfully about how movie tickets were $3 in the 1980s, or how a Big Mac cost a couple of bucks in the 1990s. Now they are nostalgic for the prices of just a few years ago.
Russell Max Simon watched inflation play out in the cost of the avocados he likes to put on top of his breakfast. A 41-year-old marketing consultant in Rumney, N.H., Mr. Simon was dismayed to see their price climb from $1 each in early 2021 to $2.50 one year later.
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