It is no secret that inflation rates are on the rise in the U.S these days. We are currently experiencing the steepest rise in inflation rates in the last 30 years! This could be caused by many triggers such as a surge in product demand, production cost increases, supply chain breakdowns, or even changes in the housing market. Inflation can be stressful, but this isn’t the first time we’ve seen this sharp of a jump, in fact this isn’t even the biggest jump the country has experienced. In 1778 America experienced the highest inflation rate of all time. After
The post A Look at the Causes of Why Inflation is So High appeared first on The Merkle News.
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