PriceStats, a specialist provider of inflation rates which produces figures for 19 countries that are published by State Street, a financial services firm, puts the annual rate at 24.4% and cumulative inflation since the beginning of 2007 at 137%.

ECONOMIST: Argentina??s inflation problem

Now in its 53th month, the Bernanke led monetary inflation is sporting a cumulative increase of 71%, 500 basis points greater than the cumulative increase seen in the 53rd month of the housing boom-bust.

FORBES: The Next Great(er) Recession Now Baked In The Cake?

Supported by a QE II asset purchase program still alive and kicking through the end of June, we estimate that this, our current monetary inflation cycle, will show a cumulative monetary infusion of about 37% by the time QE II is over, 77% the size of the last inflation cycle .

FORBES: Monetary Watch June 2011, Inflation prospects post QE II