In the deli near school, the price of Shin Ramen has gone up from $2 to $2.50 in the past year. Across the U.S., gas, essential home needs and produce have all gone up due to inflation.

Inflation is the decrease of the value of the dollar and the increase cost of general goods. So when the price of your favorite snack or food items rises, it’s most likely because of inflation.

Many students have noticed and have been affected by inflation. Sophomore Aryanah Pierre said, “The price of pizza is higher. I usually get pizza everyday and it’s usually around $3 or $3.50. The price used to never be this high, it used to be $1 or $1.50.”

Ms. Banks, global history teacher, has noticed many things that have gone up in price due to inflation. “ Everything is more expensive,” she said, “the grocery store in my neighborhood has gotten so much more expensive. Travel has gotten much more expensive and life in general has been more expensive due to inflation.”

The effects of inflation were noticeable when President Biden banned the import of Russian oil, liquefied natural gas, and coal to the United States in support of Ukraine. This action deprived Russia of the economic benefits America gives Russia from buying these natural resources.

According to the International Trade Administration, the U.S. imports from Russia fell from $6.4 billion in 2021 to $77.4 million in May of 2022.

Apart from national issues, the U.S. also has its own internal issues on food, the most popular and affecting issue on food right now is known as the “eggflation.” Egg prices are rising even more.

There is a bird flu going around which has affected many birds in the U.S. The bird flu and inflation are major components to the exceeding prices of eggs. The prices of eggs are causing some panic since a lot of dishes are made with eggs and according to Statista the average American in 2022 ate around 278 eggs.

Inflation concerns everyone. Sophomore Aryanah Pierre also said that she is scared of inflation and that many items that she used to drink or eat are noticeably going up and are much more expensive.

Inflation is a scary thing, and has many people scared that in the future their basic home items will be much more expensive, but Ms. Banks sheds some light on those fears. She said, “We have something called the Federal Reserve, which tracks inflation and makes moves to try to combat inflation, and stop gaps in the federal government that help stop inflation”.

There is an act called the Federal Reserve Act that was enacted in 1913, which made the Federal Reserve System, the central bank of the United States, which helps maintain economic stability in the U.S.

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