Is inflation really high right now?

I created a new inflation calculator on the Market Return Data site.

You can pick any period, see how inflation moved over time, and compare today's rate with the compounded average for that period.

For instance, the last 50 years show large changes in inflation, and August's 3.4% was slightly below the 50-year average of 3.59%. So, for everyone in the media saying or implying that inflation is abnormally high today, the long-term data doesn't necessarily support that position.