Rising and falling inflation in the US has had negative effects overall on the economy and the general public.
On this infographic by MadisonTrust.com, the highest rate of inflation in the US was recorded in 1917 at 17.84%. On the other hand, the lowest inflation rate in their history was – 10.94% in 1921 and 1931; it was still low at -8.93%. Overall, the inflation rate continued to fluctuate, rising and falling in the US, because there was a disbalance between the supply and demand of the necessities.
Inflation can also greatly impact your retirement savings because as the interest rate continues to fluctuate, it can lower the value of the bonds overall.
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