Inflation: Why the Late 1940s Better Matches Today, Says
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Not the 1970s, which is most often cited as the historical precedent, says firm CIO Scott Minerd. If so, that’s good news for us.
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Lyn Alden on X: During the 1940s, inflation was transitory in rate-of-change terms, but after each spike in inflation, prices reached a new permanent plateau and went up from there. Cash and
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