Tuesday, July 26, 2016

Back to 1990 pricing


I removed shelter and medical from the CPI all items, mainly because housing was Asian rebalance and medical government driven.  Everything else is dropping in price.   

How far will prices drop?

I dunno.  But if our investors heave been running an expense called inflation risk, then that variable will force prices back to 1977, shortly after the Nixon Shock.  Double entry accounting works.

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