Data: U.S. CPI inflation has remained above the Federal Reserve’s 2% target for 67 consecutive months, during which the U.S. dollar’s value has dropped by 22.5%.
U.S. CPI inflation has exceeded the Federal Reserve's 2% target for 67 consecutive months. The last time inflation fell below 2% was in January 2021, amid global economic lockdowns. Over this period, the U.S. dollar has lost 22.5% of its value. In other words, goods and services that cost $100 in 2021 now cost $129. Compounding inflation has become the new normal in the U.S.
@tonmelonfest
Post #13716
1