"Inflation is always and everywhere a monetary phenomenon, in the sense that it is and can be produced only by a more rapid increase in the quantity of money than in output."
Current Annual Rate of Inflation: 8.3%
BLS release for March 2022, down from 8.5% for March,
and the second highest rate of inflation since 1982.
Annualized Inflation Rate 1960 - Present
Long Term Average Inflation by Decade
2. U.S. Non-Farm Labor Productivity Rate 1990-Present
3. Money Stock (M-2)