Inflation today from what I read is currently running the highest in about 40 years. Pretty scary to me!
My curiosity caused me to look back over the last ten years at how much inflation we have actually experienced. This is what I found. I thought it had been a little lower.
"Core inflation averaged 2.11% per year between 2012 and 2022 (vs all-CPI inflation of 1.96%), for an inflation total of 20.67%. When using the core inflation measurement, $1 in 2012 is equivalent in buying power to $1.21 in 2022, a difference of $0.21."
$1 in 2012 → 2022 | Inflation Calculator