Loading ...it’s happening here and now. the pace may vary from one country to another, but the whole world is inflating
in 1998, i was doing quite a bit of traveling in my work, and eating a lot of junk food.
two everyday commodities that are a rule of thumb for me, regular unleaded gasoline and burger king whoppers. there may be more scientific ways to gauge inflation, but these two work for me to get a quick and dirty reading.
1998: gasoline a little under a dollar a gallon – whoppers, 99 cents.
fast forward to
2018: gasoline $2.79 a gallon, and whoppers are on special, two for six bucks.
that’s roughly a triple in twenty years right here in the good old u. s. of a.