No Place To Hide And The Case Of Rudolf E. A. Havenstein, Part 2

The chart below reminds that this is definitely not your Grandfather’s Inflation. That scourge happened from approximately 1970 to early 1981 and was a shocking discontinuity from the pre-existing sound dollar world. The latter was well represented by the 1951-1970 run of the producer price index for commodities, which rose by just 1.06% per annum. […]
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