2021 ended with inflation hitting an astonishing 7% rate – higher than it has been since the 1980s. There are few areas of life left untouched by rising costs. If you consume anything, you’ve felt the sticker shock.

While the word “recession” dominated economic discussion throughout 2020 and 2021, “inflation” is the new buzzword among economists. You can’t throw a rock without hitting a report about the U.S. inflation problem.