Every time we go to the gas station or supermarket, we are reminded that prices are on the rise as inflation takes a bigger chunk out of our paychecks. The inflation rates are the highest they have been since the early 1980s. Inflation is not only a problem in our country as prices are rising all around the globe. The U.S. inflation rate has almost quadrupled over the past two years, but in many countries, it has risen even faster. Per Pew Research Center reports, “annual U.S. inflation in the first quarter of this year averaged just below 8.0% — the 13th-highest rate among the ...
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