What History Tells Us About Inflation’s Impact on Everyday Americans

What History Tells Us About Inflation’s Impact on Everyday Americans
Visitors arrive for the grand opening of Gibson Santa Monica, a new luxury apartment complex in downtown Santa Monica, Calif., on March 18, 2015. AP Photo/Richard Vogel
Rachel Hartman
Rachel Hartman
Business Reporter
|Updated:

Inflation rates are up 5 percent since May 2020, which signals the largest inflation increase in the U.S. since 1992.

What does the risk of high inflation mean for the days ahead? While it isn’t possible to see into the future, a look at rates in the past can help provide some context.

Rachel Hartman
Rachel Hartman
Business Reporter
Rachel Hartman is a freelance writer with a background in business and finance. Her work has appeared in national and international publications for more than 10 years. She resides in Miami and travels frequently.
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