Chart of the Day: Inflation by the Decade/Paradigm Shift

Posted by Samuel A. Kiburz on Aug 15, 2023 1:41:27 PM

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Today’s Chart of the Day comes from Lance Lambert, @NewsLambert on Twitter, who works for Fortune Magazine. The chart shows total inflation by decade going back to the 1990s.During the first 42 months of the 120 (months that span the decade of the 2020s), our 17% inflation is almost as high as the combined 19% from the 2010’s. An additional thought is that if we simply average 3% a year for the remaining 2020s, it will put us at a new record for the last 40 years. This will result in a paradigm shift for the younger generations.