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With a VERY telling inflection point at the beginning of the last century !
Chart Of The Day: 803 Years Of Global Inflation
Submitted by Tyler Durden on 09/04/2012
Spot the point (and guess what caused it) in this 803 year timeline of world inflation…
The chart above comes courtesy of Jim Reid’s fantastic “Journey into the Unknown” which we will dissect in much more detail shortly. For now we wanted to bring our readers attention to what is arguably the most important aspect of modern monetary times: the advent of persistent inflation, and the disappearance of deflation.
Link to chart and article: http://www.zerohedge.com/news/chart-day-803-years-global-inflation
2012-09-06 13:20:45