According to this linkedin article, www.linkedin.com: What 8 Centuries of Inflation Data Teaches Us there exists the Kondratiev Wave:
I'd point to 1913-14's Federal Reserve Act, but it's a global phenomenon. Can you see a 'hockey stick'?
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.Without freedom of speech we wouldn't know who all the idiots are. -- anonymous poster
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.tragectory: Line goes down and to the right.
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