You should probably not use inflation rates predating the Nixon shock for future predictions. So take the last 50 years and square it and you get ~60x over 100

You should probably not use inflation rates predating the Nixon shock for future predictions. So take the last 50 years and square it and you get ~60x over 100 years. It’s my view that dodgy math enabled deficit spending and speculative asset bubbles soaked up inflation which led to the temporary ability have both low interest and low inflation. Since we’ve already had the everything bubble I don’t thing we can create a bigger bubble to recreate the era of low interest and low inflation. I’m expecting the average interest rate plus inflation for the next 50 years be be greater than the previous 50 years.