Inflation will be Far Worse this Time Around — Market Mad House

America is facing its highest rate of inflation since 1982. Thus, we have the highest rate of inflation in the lifetime of most Americans.

On the positive side, the current inflation rate is far lower than the highs of the early 1980s. The US inflation rate rose to 6.8% in the first 11 months of 2021, the highest rate since 1982. America’s inflation rose to 15% in 1980, Trading Economics estimates.

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Daniel G. Jennings

Daniel G. Jennings

Daniel G. Jennings is a writer who lives and works in Colorado. He is a lifelong history buff who is fascinated by stocks, politics, and cryptocurrency.