It’s a pulling the wool over your eyes strategy that Bock called the “boil the frog method” back in 2022, predicting it would continue over the next couple of years. True to his prediction ...

Remember past media reports on tariff policy have subsequently been denied over social media. This is a boiling frog approach—the price level effect is the same, but consumers may not notice so much.

"We're being boiled like frogs," he said. "Today, a dollar - 100-plus years, 106 years later - is worth about 3-and-a-half-cents." ...