The second wave of inflation is becoming increasingly evident. Global freight costs continue to rise relentlessly July 2, 2024 9:15 am by Alex The second wave of inflation is becoming increasingly evident. Global freight costs continue to rise relentlessly byu/RobertBartus inEconomyCharts See also Americans face 7%+ mortgages, 4.2%+ inflation, and a 30% weaker dollar than in 2020. The basic American life now costs about 40% more income than it did in 2001