What do you think the actual annualized inflation percentage is the last 5 years?

[quickfeet]

Current US Inflation Rates: 2000-2022 | US Inflation Calculator

The annual inflation rate for the United States is 8.3% for the 12 months ended August 2022 after rising 8.5% previously, according to U.S. Labor Department data published Sept. 13. The next inflation update is scheduled for release on Oct. 13 at 8:30 a.m. ET. It will offer the rate of inflation...

www.usinflationcalculator.com

I’m sure it’s just transitory

 

[quickfeet]

When you put it into perspective that inflation is the highest since 1981 that’s pretty impressive

 

[ChicagoFats]

Real inflation probably closer to 13-14 percent

 

[quickfeet]

I feel we are going through the late 70s and early 80s again. A couple more years of high inflation under Brandon, and then trump comes in and we hit the roaring 2020s in the second half of the decade

 

[GarnetPild]

When you put it into perspective that inflation is the highest since 1981 that’s pretty impressive

Especially considering the sneaky bastards changed the way it is calculated since then. If it was being calculated the way it was back then, we would now be at the worst levels of inflation since WWII, and well into the teens.

 

[hmt5000]

Glen Beck had an economist on that said if you figured inflation like you did in 1981 that inflation would be around 17% the last year. So you're looking at 20% to 25% the last 5 years.