Nice write up here.  This is something that I'm often discussing for work.  Here in the United States inflation rose to 40 year highs, somewhere around the level of 9-10% (on average).  Some stuff inflated 60-7-80%...crazy stuff. Like seafood for example exploded.  Thankfully we've managed to get it to come back down to earth..where they say it's around 4% or so, but I still feel like it's much higher.

FINANCE TIP:  Never keep your cash savings at a regular type bank accounts such as Chase/Wells Fargo/etc. Make sure you use online banks (or some credit unions) which offer much higher interest rates.  Bannkrate.com does a good job of showing who's currently got the best rates.  Just for example Chase banks and Bank of America (the worlds two largest banks)savings accounts have an annual interest rate of .01%.  Ally Bank has an annual interest rate of 4%.   INSANITY