Generations and inflation graphic … and a cute family drawing
Posted By RichC on January 12, 2025
Depending on which generation you were born often factors into how you remember inflation. Those born in the 1930 thru1970s likely saw decades of relatively high inflation; they lived through years of 5-6% and higher inflation. Until recently, those born later … 1980 to today … saw a more moderate annual inflation number to begin their adult lives. The last four years will likely change this a bit as we saw inflation over 9% a year or so ago.
Personally I’m not in full agreement with this chart, even though I did experience a long stretch of high inflation (stagnation) when first starting out … and have definitely lived a few boom/bust cycles with recessions that had me wondering if we could ever return to the American Dream again?
On a brighter note, I wanted to archive a cute drawing by my granddaughter. It is her family … each in their favorite color.
Comments