Inflation has not been that high over the last two years. That $709/month is due to profit taking, I imagine. Inflation in the U.S. has not exceeded single digi

Inflation has not been that high over the last two years. That $709/month is due to profit taking, I imagine. Inflation in the U.S. has not exceeded single digits in 40 years, and has been <3% for about a year (slightly over 3% last month).