Paul Howell
Subscriber
Not so much here are the 10 highest inflation rates by year, in our lifetime by decade it was the 70s to 80s The world economy and our economy has changed for the better or worse in the last 40s years, now a global economy. Undoing our relatioshi8p with our trading partners will be expensive and painful for the average American. God only knows what AI will bring.Everything is going to be OK. We've already been through the most inflationary period in my 68 year life. And that's a fact. I'm confident that an equilibrium is at hand on trade deficits and we'll all be better off for it in the long term. Look at it this way... photographic paper prices are presently prohibitive to a paralyzing degree. The only possible direction in that can only be an improvement at this juncture.
The 10 Highest Annual Inflation Rates in U.S. History
- 1917: 17.84%
- 1918: 17.28%
- 1920: 15.63%
- 1919: 15.24%
- 1947: 14.39%
- 1980: 13.55%
- 1979: 11.25%
- 1974: 11.06%
- 1942: 10.92%
- 1981: 10.34%