Dialogue: Gas to Groceries – Why Are We Paying So Much?
Participants in this Dialogue
Dr. Ned Hill
Professor of economic development at Ohio State’s John Glenn College of Public Affairs
Dr. Robert Rich
Senior economic and policy advisor for the Federal Reserve Bank of Cleveland
Trevor Brown
Moderator, Dean of the John Glenn College of Public Affairs
America’s rate of inflation has hit its highest level in more than 30 years. After decades of only minimal price increases, the annual inflation rate has reached seven percent. Heating costs have risen sharply over last year. Experts blame supply chain disruptions, rising wages and government stimulus checks for the sudden spikes in prices and energy costs.