New data this week from the analysis group Hedgeye shows that some of our favorite breakfast items like orange juice and coffee are rising in cost so much that they could be considered “luxury items.” Some are blaming U.S. monetary policy for this inflation, but our guest Louise Story from our partner The New York Times says it’s more complicated than that. This story, she says, is a little bit global warming, a little bit economic recovery, a little bit politics.
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