Looking at inflation rates in the United States since the 1970s we see that

Name: Looking at inflation rates in the United States since the 1970s we see that
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The statement "the 1970s experienced the highest inflation rates" is true. Inflation rates in the 1970s were characterized by double-digit numbers, reaching a peak of 13.3% in 1979. Inflation rates decreased in the 1980s and 1990s and have remained relatively low since then, with the exception of a spike during the Great Recession.

Looking at Inflation Rates in the United States Since the 1970s