Quote:
Originally Posted by Bill14564
3.5 years ago, 2021? Inflation at that time was 7%; is that what you want?
Yes, inflation has been lower in the recent past. Most years since 1996 have had inflation rates less than 3%. I would certainly prefer 1% over 3.3% but I see a decreasing trend over the last four years as a positive sign.
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I do believe that for those of us without a mortgage cost of living increases are substantially higher than what they are telling us.