Saturday , 22 July 2017


Inflation: What You Need to Know

The March year-over-year inflation rate was 1.51%, which is well below the 3.88% average since the end of theInflation_Deflation2 Second World War and 37% below its 10-year moving average.

So says Doug Short (advisorperspectives.com) in edited excerpts from his original article* entitled A Long-Term Look At Inflation.

The following article is presented by Lorimer Wilson, editor of www.munKNEE.com (Your Key to Making Money!)www.FinancialArticleSummariesToday.com (A site for sore eyes and inquisitive minds) and the FREE Market Intelligence Report newsletter (sample here; register here) and has been edited, abridged and/or reformatted (some sub-titles and bold/italics emphases) for the sake of clarity and brevity to ensure a fast and easy read. This paragraph must be included in any article re-posting to avoid copyright infringement.

Short goes on to say in further edited excerpts:

My long-term inflation chart below reaches back to 1872 by adding Warren and Pearson’s price index for the years prior to 1931 when the Bureau of Labor Statistics (BLS) first began compiling CPI data earlier years…This look further back into the past dramatically illustrates the extreme oscillation between inflation and deflation during the first 70 years of our timeline.

inflation 1872 to present

Alternate Inflation Data

…For independent evidence that the Consumer Price Index is a reasonably accurate representation of the prices we pay, see the MIT Billion Prices Project US Daily Index. [Real-time Inflation Data is Now Available – Finally]

MIT inflation

For a long-term look at the impact of inflation on the purchasing power of the dollar, check out this log-scale snapshot of fourteen-plus decades.

14 decades of inflation

Editor’s Note: The author’s views and conclusions in the above article are unaltered and no personal comments have been included to maintain the integrity of the original post. Furthermore, the views, conclusions and any recommendations offered in this article are not to be construed as an endorsement of such by the editor.

*http://www.advisorperspectives.com/dshort/updates/Inflation-Since-1872.php (© 2014, Advisor Perspectives, Inc. All rights reserved.)

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