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1970s inflation like 2020s? An Analog? When will it break?

Rich Posson: ReformedAdamSmith


Nice analog chart, but analogs end, and sometimes abruptly with no warning. It is a piece of evidence of cyclical behavior. I am a cyclist of markets and the economy. I do not see predictive evidence. Dig deeper and wider and beyond this chart. My stance for now is it is done.

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