Inflation may be lurking in the aisles of supermarkets.
Even with price pressures tame to non-existent in the industrial world, economist Pippa Malmgren says they're there if you look.
A former adviser to President George W. Bush, Malmgren is zeroing in on what's come to be known as "shrinkflation," where companies charge consumers the same—or more—for less. That may foreshadow an overall jump in prices, an alarm she's been sounding for a while.
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