3min chapter

The New Bazaar cover image

The economy in one (more) episode

The New Bazaar

CHAPTER

What Is Inflation Doing Right Now?

Inflation is going up by roughly seven to ten per cet o, which is a lot. That's something that we really haven't seen in this country since the early 19 eighties. In roughly the decade before covid so the decade and change after the global financial crisis of two thousand eight, two thousand nine, inflation rarely went up ofe two %. So it is a much higher rate of inflation than we've had in the past. Ye i mean, its even before the financial crisome, you looked like 19 95, you know, 20 20 is a very long, stable period of very minimal inflation. And now, on average, we're getting like 7, 10

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