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We didn't have inflation like this in 2000. I'm old enough to remember the 70s
by fortran77 4y ago
We didn't have inflation like this in 2000. I'm old enough to remember the 70s
- songeater 4y agoThere was a lot of commodity-inflation in the early 2000s, the second biggest rise in commodity prices after the 1970s[1]. Unlike the 70s (supply shock), this was primarily a demand-pull out of China/Asia, so the net impact to the economy was much more positive. [1] https://www.investing.com/indices/bloomberg-commodity https://www.investing.com/indices/bloomberg-commodity
- staticman2 4y agoThe 5 year breakeven inflation rate today is 2.61% Since Treasury Inflation Protected Securities didn't exist in the 70s we can't compare, but the market thinks inflation is not going to continue like it did in the 70s.