This means that everything you buy is 24.3% higher than it was. So, unless your income has gone up by 24.3% in that time, you are essentially poorer.
Over this period the average inflation rate is 4.43%. 2.7% isn't the target, but it's not a bad number either.
But here's where it gets real bad: people who were living paycheck to paycheck are now under water and taking on debt. Debt they cannot pay off.
Cumulative inflation since 2/2020 is 24.3%.
Replies to: "Cumulative inflation since 2/2020 is 24.3%."
- Why did rMSM paint yesterday's economic news as a good thing? Goal post moving? [LINK]
- Quest4twelve - 10:58am 8/13/25
(13) [View All]
- Everyone is relieved that is way below the 9.1% it reached under sleepy. - Iggle - 11:57am 8/13/25
- How long was inflation that high under Biden? What was it when he left? - Quest4twelve - 12:24pm 8/13/25
- Cumulative inflation since 2/2020 is 24.3%. - iairishcheeks - 12:58pm 8/13/25
- Re: Cumulative inflation since 2010 is 47.42% Your point? [NT]
- Quest4twelve - 1:27pm 8/13/25
- Why did Biden print money making it worse? Discuss. [NT]
- NedoftheHill - 7:28pm 8/13/25
- Like manned the actual machine to make money or you mean had irresponsible budgets? - Quest4twelve - 7:33pm 8/13/25
- "manned the actual machine" I love this! [NT] - iairishcheeks - 8:05pm 8/13/25
- "Wipe the server? You mean with a wash cloth?" [NT]
- NedoftheHill - 7:46pm 8/13/25
- Not sure if you're noticing this... - iairishcheeks - 8:08pm 8/13/25
- Heh. Indeed. [NT]
- NedoftheHill - 8:45pm 8/13/25
- So you think Joe walked over to the Treasury and started printing bills? [NT]
- iairishcheeks - 9:00pm 8/13/25
- He came darned close...but the Easter Bunny stopped him... [NT] - TakethetrainKnute - 7:57am 8/14/25
- So you think Joe walked over to the Treasury and started printing bills? [NT]
- iairishcheeks - 9:00pm 8/13/25
- Heh. Indeed. [NT]
- NedoftheHill - 8:45pm 8/13/25
- Not sure if you're noticing this... - iairishcheeks - 8:08pm 8/13/25
- Like manned the actual machine to make money or you mean had irresponsible budgets? - Quest4twelve - 7:33pm 8/13/25
- 18% from 2010-2020, which is normal to low. [NT] - iairishcheeks - 6:37pm 8/13/25
- Why did Biden print money making it worse? Discuss. [NT]
- NedoftheHill - 7:28pm 8/13/25
- Re: Cumulative inflation since 2010 is 47.42% Your point? [NT]
- Quest4twelve - 1:27pm 8/13/25
- Cumulative inflation since 2/2020 is 24.3%. - iairishcheeks - 12:58pm 8/13/25
- How long was inflation that high under Biden? What was it when he left? - Quest4twelve - 12:24pm 8/13/25
- Everyone is relieved that is way below the 9.1% it reached under sleepy. - Iggle - 11:57am 8/13/25