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Inflation—the sustained increase in the general price level of goods and services—has been a defining economic force over the past two decades, particularly in Tier 1 countries like the United States, United Kingdom, Germany, and Japan. Understanding its trajectory, causes, and consequences is essential for policymakers, businesses, and consumers alike. 📈 Inflation Trends Over the Past 20 Years Over the last two decades, inflation rates in Tier 1 countries have experienced significant fluctuations due to various global and domestic factors. Here's an overview of the inflation trends in these nations: United States 2005–2008 : Inflation hovered around 3–4%, driven by economic expansion and rising energy prices. 2009 : The financial crisis led to a sharp decline, with inflation dropping to near zero. 2010–2019 : A period of relative stability, with inflation averaging around 1.5–2%. 2020–2022 : Pandemic-related supply chain disruptions and fiscal stimulus measures c...