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Keep in mind inflation since 2020 is up about 25% for most things
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Keep in mind that the upward creep started in 1913.
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Although it looks like inflation started out slow and has exploded since 1970, you have to remember that prices roughly doubled from 1910 through 1920. Then they declined during the 1920s and the Great Depression of the 1930s. Although the early 1920s saw massive deflation for farm commodities, so all the inflation actually occurred during the later 1920s.
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inflationdata.com/articles/2021/01/01/long-term-inflation-charts-updated/
2600 percent!
I'm also an optimist. The unionized manufacturers selling EVs at a loss will be superceded by Tesla (and possibly some also-ran like Aptera or Arcimoto).
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Looking at the last five years inflation is similar to taking all the books older than 2008 off the high school library shelves.
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Maybe add Pinin Farina to the list? Pure Electric Luxury: Presenting the Pininfarina Battista
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Last edited by freebeard; 09-18-2023 at 04:19 PM..
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