[lbo-talk] Inflation/deflation illusion ?

Doug Henwood dhenwood at panix.com
Wed Feb 11 11:46:51 PST 2009


On Feb 11, 2009, at 2:39 PM, Alan Rudy wrote:


> I read it as saying the decade ending in Sept. 1974, which I took to
> mean
> 1965-1974 and shoulda called the "late-60s/early-70s"
> either way, I struggle to believe that mid-65-to-the-first-oil-shock
> was as
> bad as the last decade when it came to investments.... and you just
> told me
> there was a weak rally early in the 70s

Norris ran the numbers, and they look right to me. So why the "struggle to believe"?

Doug



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