Inflation: How Has It Affected You? No matter how old you may happen to be, you’ve experienced inflation. Prices for goods and services are generally higher today than they were when you were a kid and will likely become even higher in the future. In this essay, I would like you to pick a good or service that you consume, find a current and past price for it (past meaning at least 4 years ago), and explain why YOU feel that the price has changed over that period of time. Your essay should be approximately 1 page.