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Pandemic shortages, Russia's war in Ukraine, and plain old gouging are hiking prices across the globe. A dollar doesn't go as far as it used to, and many Americans are struggling.
Higher prices at the pump and the grocery store hurt. But there is also some good news.
For one thing, we're actually experiencing less inflation than many other countries. Inflation here is 8 percent, compared to over 10 percent in the U.K. and Eurozone. Turkey has seen rates of over 80 percent.
For another, we're better equipped to weather hard times than we've been in decades.