Inflation is high, and has been for months.

From Dec. 2020 to Dec. 2021, the Bureau of Labor Statistics reports consumer prices rose 7.5%. That's the largest percent change during a calendar year in more than four decades.

That price increase is taking a toll on consumer confidence and could potentially eat into your hard-earned paycheck.

But what causes prices to increase so sharply? It's simple economics: supply and demand: [ Ссылка ]

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