Cycles are often systemic, predictable, and, as I have long argued, often the result of policy distortions interacting with underlying structural forces. The latest data showing where the cost of living is rising fastest in the United States is a textbook example of how centralized, urban-centric policies can create persistent price pressures and distort economic incentives.

According to a new study by Plasma , the cities where the cost of living is rising fastest are:

New York City

San Diego, California

San Francisco, California

Los Angeles, California

Seattle, Washington

Boston, Massachusetts

Philadelphia, Pennsylvania

San Jose, California

Chicago…

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