Rising inflation is triggering anxiety around the world as a surge in demand following the easing of Covid-19 lockdowns has been confronted by supply bottlenecks and rising prices of energy and raw materials.
It was Trump that said the $600 for Americans wasn’t enough, he wanted it to be $2,500……
At any rate, the Covid relief funds were a BIPARTISAN effort to ease Americans suffering despite falling short of the Trump number….
Inflation as measured by the consumer price index reflects the annual percentage change in the cost to the average consumer of acquiring a basket of goods and services that may be fixed or changed at specified intervals, such as yearly. The Laspeyres formula is generally used.
- World inflation rate for 2020 was 1.94% , a 0.21% decline from 2019.
- World inflation rate for 2019 was 2.15% , a 0.27% decline from 2018.
- World inflation rate for 2018 was 2.42% , a 0.24% increase from 2017.
- World inflation rate for 2017 was 2.18% , a 0.69% increase from 2016.
World Inflation Rate 1981-2021 | MacroTrends
What coloring book did you get that nonsense from ? Pay attention to @LouMan and maybe ,just maybe , if you try real ,real , hard you could learn something .