Have to remember the one-liner from Charles Bukowski,
“An intellectual says a simple thing in a hard way and an Artist says a hard thing in a simple way”
Hearing economists, sometimes you get the same feeling.
If you go to a grocery store you know the bill is high and notice unusually high prices for essential items.
Stability is needed for Food and Energy prices for the common man to feel some positivity in his world.
Even if supply-side disruptions reduce, it looks like the asset and wage bubbles in specific sectors will hurt the companies and employees, and also because of the undeclared hiring freeze, it Looks inflation management will continue for the next 5 to 10 years.
For the common man, the only way to measure inflation is a go to the grocery store and feel the pinch, then open an excel sheet and do the cost-cutting of your unwanted expenses.