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Originally Posted by Andy Asaro
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RECORD HIGH INFLATION??
Record high means it has never been higher. The highest annual inflation rate under the current administration was 9.1%. Since they began keeping records in 1914 there have been more than 130 months with an annual rate over 10%, including several over 20%. Also, the inflation rate has dropped five straight months and is now down to 6% annually.
By the way, the annual inflation rate has been over six% in 209 months prior to the Biden administration.