Wrong. In March 1947 it was 19.7%, and was last above 10% in Dec 1981.
Inflata-doomers, in addition to false claims of “record inflation” like this, also constantly change their measure. When 1-month inflation is high, they annualize. When the monthly goes down, then they go to YoY.
The click-bait peddlers that hook the inflatadoomers so easily love to have little interviews and human interest stories about high inflation outliers, but you never seem them interview some guy buying a 60 inch TV at Wal-Mart for fewer nominal dollars than a 25 inch one ten years ago and saying “Hey this deflation’s awesome!”
