Hmm, I kind of see your point, but that's been greater than 30 years ago. Modern policy is managed quite differently and asset prices so much higher in comparison to earnings. I'd suggest the big peaks seen throughout the 1900's are not directly comparable, there was also the gold standard etc which impacted things greatly in those times. If you look at the last 30 - 50 years, we're still running shockingly high inflation at 5.6%
It's trending in the right direction now, but there's still a long way to go. The markets should have a 3% party perhaps, anything before that is premature.
30 year inflation
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Hmm, I kind of see your point, but that's been greater than 30...
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