Saturday, May 13, 2023

CPI: 1913 - 2023

Locator: 44637ECON.  

Updates

May 15, 2023: Liz Sonders -- too many charts -- here's one -- 

May 14, 2023: no inflation? Link here. Hard landing?

Original Post

What is the first thing you note on the chart below regarding "peaks" and "valleys"?

Hint: there are exceptions, but none significant, and all inconsequential in hindsight:

  • 1917, but just barely; in hindsight, inconsequential
  • 1926, just barely; in hindsight, inconsequential
  • 1937, a better example; in hindsight, very inconsequential
  • 1982, again, but just barely; and, again inconsequential

Link here.



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