Quote:
Originally Posted by JMintzer
Inflation is "at an all time high"?
You must have missed the Carter years, when it hit 13.3%...
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I remember it well...inflation rose during his Presidency from 5.22% to 11.83% at the end of his term, a rise of
127%!
What I had forgotten, probably because I was still in school and not trying to buy a home at the time, was Nixon's performance on inflation...over the term of his Presidency, inflation went from 4.4% to 10.66%, eclipsing Carter's dismal performance with a
147% increase during his tenure.