Just to be accurate, not inflation, but price increases dipped below 3%. It’s the Consumer Price Index. Inflation is the increase in money supply. In a debt based system you can measure it by M2+ Debt. Total debt: government, state and local, business and personal. Currently $80 trillion in the US. Every time you increase the money supply (debt), prices go up. Trickle down, uneven, distorted by supply and demand and dampened by productivity increases. Worse, the CPI is manipulated and changed all the time. Useless. Then incomes catch up, delayed, and more for the top 10% and the difference of all of it siphoned off by the elites. And round and round it goes.