The chatter about inflation rising is rising. And that’s a problem.
Because 10 years of TV captions and consumer price data I analyzed show that our TVs give disproportionate attention to the issue.
For example, in 2010, consumer prices in the US rose 1.64% over the prior year; and yet TV chatter about inflation rose 107% during the same time period.
People would have heard about the problem 65X more that year than the problem became.
In 2015, consumer prices only rose 0.1% and yet TV spent 8.1% more time talking about it.
TV coverage of inflation is inflated.