Money Inflation surges to 39-year high. How much more are you paying and what’s the damage for Biden? December 10, 2021December 10, 2021Joey Garrison and Nathan Bomey, USA TODAYComments Off on Inflation surges to 39-year high. How much more are you paying and what’s the damage for Biden? Rising inflation has hampered Biden from getting credit for positive economic news such as low unemployment and a strong stock market.