Cumulative inflation from 2010 to 2022 was 33%. Cumulative inflation over the preceding 12 years (1998-2022) was 34%. Just because this year’s inflation was hi

Cumulative inflation from 2010 to 2022 was 33%. Cumulative inflation over the preceding 12 years (1998-2022) was 34%. Just because this year’s inflation was high, there’s nothing extraordinary about overall inflation in the post-GFC period.