This Is Not The 1970s – Part Four

Michael LebowitzAdvisor Perspectives welcomes guest contributions. The views presented here do not necessarily represent those of Advisor Perspectives.

This is part three of a four-part series. Here are Part One, Part Two and Part Three.

I wrote this four-part inflation series in response to the graph below implying that prices are on the same inflation roller coaster ride as the 1970s.

fed pivot

If you have read the first three parts of this series (see links above), you have a better appreciation for the similarities and differences between inflation of the last few years and that of the 1970s.

With that wisdom, I share my opinion.