Since they changed the way inflation is calculated in early 1980 to lower the number in an election year for Carter it's not really an apples to apples comparison. Inflation, using the pre-1980 calculation is higher than ANY TIME in the 70's. Using that calculation we're at over 15% right now.Anyone find it funny that inflation is the highest it’s been in 40 years. If we go back 40 years, guess who was President? That’s right…Jimmy Carter.![]()