It’s not the vibes giving us a sour economic mood; it’s the monopolists ...Middle East

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Image; AdobeStockIn recent months a lot of economic commentators have been flabbergasted that despite low unemployment, steady job growth and easing inflation, the public mood about the economy remains dour. Pundits have blamed social media, partisanship and negative media headlines. But what if our headline economic data simply fails to tell a complete story? Dig a little deeper and the economic challenges confronting the country sound a lot more like the misery of monopoly than bad vibes or misinformation. Any discussion of current economic challenges begins with inflation, and for good reason. While inflation is lower, that just means the rate of increase has cooled. Prices are still 19%

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