How to buy a car this summer

When the chips are down, here's how to come out—well if not ahead, a little less behind. Also: our trivia winner and an Understandably Live event (today!) Plus, 7 other things worth your time.

You know what’s crazy right now? Car prices.

It’s largely a simple matter of supply and demand, and it starts with computer chips. I think the history went like this:

• First, the 2020 trade war with China stopped US companies from buying Chinese chips. Companies looked instead to Japan, Korea, and Taiwan, but those countries’ manufacturers were already nea…