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Some of the highest inflation in American history? Easy to see you weren't around in 1979. Try 14% inflation. This? This was very little.
by AnimalMuppet 2y ago
Some of the highest inflation in American history? Easy to see you weren't around in 1979. Try 14% inflation. This? This was very little.
- Izkata 2y ago9.1% is not far off.
- AnimalMuppet 2y agoWhen did we have 9.1%? And for how long did we have it? 14% was the peak, but we had above 10% for several years, IIRC.
- Izkata 2y ago2022, and the rest is shifting goalposts from what OP said: > They presided over some of the highest inflation in American history. Their statement is completely accurate.
- wakawaka28 2y agoInflation was measured different in 1979. According to shadowstats.com, real comparable CPI peaked at like 15% a year or two ago. Prices in general are up at least about 50% from 5 years ago.