Inflation at 7.2 percent

U.S. inflation rate at 7.2%. Table shows it was 14.4 percent five years ago.

The good news is that the U.S. inflation rate has fallen to 7.2%, down from a high of 14.4% five years ago. The bad news is that there still is inflation – meaning the Federal Reserve banks continue to create dollars and lend them out to governments, businesses, and so-called homeowners (people who rent money to buy homes). Inflation is when banks create dollars.

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