Yes on the inflation at 15%. I believe the 20% I mentioned was the interest being paid on CDs at the worst of the inflation. And, yes, it is hard to pin down the exact cause(s) of inflation.
"I wonder: Maybe business was just gauging Americans?"
That makes sense. However, I would add that business was not just gauging Americans but also gouging them.
Yes on the inflation at 15%. I believe the 20% I mentioned was the interest being paid on CDs at the worst of the inflation. And, yes, it is hard to pin down the exact cause(s) of inflation.
"I wonder: Maybe business was just gauging Americans?"
That makes sense. However, I would add that business was not just gauging Americans but also gouging them.
Yes on the inflation at 15%. I believe the 20% I mentioned was the interest being paid on CDs at the worst of the inflation. And, yes, it is hard to pin down the exact cause(s) of inflation.
"I wonder: Maybe business was just gauging Americans?"
That makes sense. However, I would add that business was not just gauging Americans but also gouging them.