🛒 Despite perceptions of rising prices over the last few years, the reality is that most things have become sharply more affordable over recent decades relative to what workers earn.

For example, the median worker can buy groceries with fewer hours of work than was required 25 years ago.

Yet, most people believe the opposite is true. This disconnect highlights the psychological impact of inflation and how specific price increases as well as increasing expectations of standard of living can overshadow broader trends. 🤔💡

https://lnkd.in/guRkFrCc

#ConsumerBehavior #TotalCompensation #MarketInsights #InflationReality

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