bubblegum

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Sticky prices

Posted May 28, 2008 - 03:45 by Philip Brewer

Consumer Affairs

Bubblegum

I'm old enough to remember when a piece of bubble gum was a penny. In fact, it was a penny for most of my youth--and had been a penny for a couple decades before I was born. As inflation began to heat up in the 1960s, though, the Topps company first shrank the size of a piece of gum, and then eventually had to raise the price.

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