The US has been a victim of inflation since the last decade. When we look at US history, the nation has had one of the major fluctuations in the inflation rate that has affected its market and overall economy. Due to the ongoing wars, market recessions, and even the policies that the government implemented, the US market has seen one of the inflation rates.
According to this infographic by MadisonTrust.com, the highest inflation rate in US history was in 1917, with 17.84%. Over the years, it was still high. In the year 1981, it decreased to 10.34%. Even though this is still a high rate of inflation as compared to the previous years, it has decreased.
On the other hand, the lowest inflation rate in US history was in 1921, as the economy was in a deflation state with inflation at -10.64%.
We can conclude that the United States' inflation rates have been fluctuating over time.