The latest numbers show inflation rising to a nearly 40-year high, gouging a hole in American pocketbooks as the cost of living keeps going higher and higher. Consumer inflation jumped in December at its fastest year-over-year pace in nearly four decades, surging 7%.
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Inflation Spikes to 40-Year High as COVID Restrictions and Fed Cash Created 'Perfect Recipe for Rising Prices'
Technosv2018
January 13, 2022
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