Here’s Why I Don’t Think Americans’ Finances Will Ever Fully Recover From Inflation
DNY59 / Getty Images/iStockphoto You can’t turn anywhere without hearing about the impact of inflation since everything around us has become more expensive over the last few years. The inflation rate for the year ending in May was 3.3%; however, inflation peaked at 9.1% in June 2022, reaching the highest level in over 40 years.