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by cableshaft
1280 days ago
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Zoom out to its earliest recorded data around 1945 on that chart, and the CPI inflation in the past couple of years is still clearly the fastest and steepest slope compared to all previous decades, including the 70s when overall inflation got up to 12% and the early 80s when Fed interest rates went up to over 20% to combat that inflation. Might not look as bad as when it's super zoomed in, but that still seems pretty bad (and definitely historic). |
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