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The Slow Cooker of Inflation
CPI went negative from June of 1946 through about 1950. It didn't get nearly as high as these other periods. Until later, it was a slow cooker. Now we the current one that we are in is this dark, you know, big black line kind of in between 46 and 50. This matches this era much better than it matches the great inflation because the 1970s were actually inflationary. There was actually money printing going on globally. Very, very different time.