The U.S. inflation rate was higher in the 2000s than it was in the 1970s.

Name: The U.S. inflation rate was higher in the 2000s than it was in the 1970s.
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This statement is false. The inflation rate in the 1970s reached double digits at times, with the highest annual inflation rate being 13.5% in 1980. In comparison, the highest annual inflation rate in the 2000s was 3.8% in 2008.

The US Inflation Rate Was Higher in the 2000s Than It