HomeMarketsA Closer Look at Why Inflation is So High

A Closer Look at Why Inflation is So High

It’s hard to imagine that you could work a job, get a raise, and have the value of how you are paid not even keeping up with the basic costs of living. However, this is our current situation in the United States with inflation rates soaring 7.5%, which is at a 40 year high. But why is inflation so high? Inflation is based on the consumer price index which is a composite of a “basket of goods” from popular consumer industries such as health, education, transportation, and travel, to name a few.

Have a closer look at the ins and outs of why inflation is so high, along with some potential investments that you can do in order to try to keep up with and exceed inflation in the visual deep dive below, courtesy of Expensivity:

Why is Inflation so High?
Source: Expensivity

Brian Wallace
Brian Wallacehttps://nowsourcing.com/
Brian Wallace is the Founder and President of NowSourcing, an industry leading content marketing agency that makes the world's ideas simple, visual, and influential. Brian is the go-to resource for visual storytelling in the crypto / blockchain market since 2015, representing numerous cryptocurrency-related publications, and others getting press and funding in the space. Brian has been named a Google Small Business Advisor for 2016-present and joined the SXSW Advisory Board in 2019-present.
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