Recorded with Kelly Lannan this afternoon about the state of the real estate market, urban planning, the maintenance debt that exists throughout the US, and a bunch of other stuff.

One part of the conversation really drove home the pernicious aspect of shrinkflation.

People are paying 20% more to get 60% of a good or service. We all know that CPI is a bunk manipulated metric, but the manipulation is particularly cruel when you begin to factor in shrinkflation not being accounted for.