The Longest Record Broken: Gold/Silver Ratio Hits Highest in Over 5,000 Years

Re:The Longest Record Broken: Gold/Silver Ratio Hits Highest... by AnimalMuppet on Wednesday March 18, 2020 @12:20PM (#22618299)

Well... the 1970s weren't a hyperinflation, but we were trending there. Inflation was not only high, it was increasing. Would we have wound up at hyperinflation if Volcker hadn't clamped down at the Fed? I don't know; that's alternate history. But it felt like we were headed there.

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Re:The Longest Record Broken: Gold/Silver Ratio Hits Highest... by littlestymaar on Wednesday March 18, 2020 @05:01PM (#22621205)

I'm sorry, but this is just wrong: inflation was high but fluctuated a lot and by no way you can say it was “increasing”. You're rewriting history in favor of your political bias.

Inflation in the 70s (chart): https://inflationdata.com/articles/wp-content/uploads/2014/0...

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Re:The Longest Record Broken: Gold/Silver Ratio Hits Highest... by AnimalMuppet on Wednesday March 18, 2020 @05:57PM (#22621665)

I'm sorry, are you psychic? I didn't say anything about a political bias, nor anything to even hint at one. You're making up stuff that you think you know about me, with no basis.

To the data: I agree that there are fluctuations there. But average inflation for the decade of the 1960s was 2.45%. For the 1950s, it was 1.82%. The inflation rate even for 1972 was above the average rate for the 1950s and 1960s. 1976, the bottom of the next trough, was higher than 1972. And then you look at 1974 and 1979, in the context of the 1950s and 1960s, and yes, it sure does look like inflation is increasing. Yes, there are decreases (business cycle), but each cycle is higher than the last one.

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