"First, there is far more news coverage of prices when they are high than low … Second, the price at which this negative coverage takes off has been falling steadily lower in real terms — making negative headlines more and more likely even for the same level of affordability … third, the switch into bad-news-about-prices mode happens much more abruptly on subscription-based cable news channels … than on network television." (€, ht @Dusty_Marc)
https://www.ft.com/content/8cd76cde-7694-4674-99a7-188c18257530
www.ft.comHow our sense of economic reality is being distortedA new study adds to the evidence that competition for eyeballs may be warping our sense of the world