http://www.zerohedge.com/news/chart-day-803-years-global-inflation
"Prior to the twentieth century years of deflation were almost as common as years of inflation. However as discussed above, this all changed over the last 100 years or so. Indeed we haven’t seen a year of deflation on this median Global YoY measure since 1933. So we’ve now had nearly 80 years without a global year on year fall in prices."
There are several great graphs in this article. This last one made me laugh when I realized it shows 2 instances of hyperinflation between the years of 1700 and 1900 (200 years), while there were 15 instances of hyperinflation in the 1990s (10 years).
:flail:
"Prior to the twentieth century years of deflation were almost as common as years of inflation. However as discussed above, this all changed over the last 100 years or so. Indeed we haven’t seen a year of deflation on this median Global YoY measure since 1933. So we’ve now had nearly 80 years without a global year on year fall in prices."
There are several great graphs in this article. This last one made me laugh when I realized it shows 2 instances of hyperinflation between the years of 1700 and 1900 (200 years), while there were 15 instances of hyperinflation in the 1990s (10 years).
:flail:
