MFOHome About Commentary Discussions Funds The Best Resources Support Us!

Howdy, Stranger!

It looks like you're new here. If you want to get involved, click one of these buttons!

Sign In Register

Categories

In this Discussion

Here's a statement of the obvious: The opinions expressed here are those of the participants, not those of the Mutual Fund Observer. We cannot vouch for the accuracy or appropriateness of any of it, though we do encourage civility and good humor.

    Support MFO

  • Donate through PayPal

A Brief History of U.S. Inflation Since 1775 -- WSJ Real Time Economics

davfordavfor
in Off-Topic
"Over the past 240 years, the rate of inflation has been much higher and much lower than it is today. And what’s changed even more is the extent to which economists thought they understood why prices were rising..."

image

"Perhaps Herb Stein had it right all along, that inflation is a Hydra-headed monster. The Fed controls but one head, with others harnessed to the expectations of consumers and businesses, the effects of demographics, policies of government spending and taxation, and an increasingly globalized world where at least some price-setting for goods, services and wages can happen internationally."

See: http://blogs.wsj.com/economics/2015/12/14/a-brief-history-of-u-s-inflation-since-1775/?mod=WSJBlog

Comments

  • TedTed
    @davfor: Nice Find !
    Regards,
    Ted
  • LewisBraham
    The other factor not incorporated in these kinds of graphs is how the measurement of CPI has changed over time. I doubt it was the same in 1775 as today. The same`goes for stock market returns, which sometimes don't include the returns for companies that went bankrupt if you go back far enough in history.
Sign In or Register to comment.