You Are Paying for the War at the Grocery Store
Surface Story
US inflation rose to 3.8% in April. Steel tariffs are raising the price of canned foods. Consumers are increasingly relying on credit to cover basic expenses, cycling through debt to manage costs that are rising faster than wages.
Underneath the Story
The Iran war and the tariff regime were decisions made by a small number of people at the top of a political system. The cost of those decisions is being paid by a large number of people at the bottom of an economic one. This is not a side effect. It is the standard architecture of how policy costs are distributed. The people who decide are rarely the people who pay.
Inflation and rising consumer debt are not economic phenomena that happen to coincide with policy decisions. They are the mechanism by which the cost of those decisions is transferred from decision-makers to everyone else.
