2000s is worse than the 1970s in terms of real returns
by FogDucker CPI in January 1970 was 37.9; January 1980 was 78. So the price level essentially doubled. (78/37.9).1 = 1.074 so inflation averaged about 7.4% a year throughout the 70s. The worst years were 1974 (~12%) and 1979 (~13%). Compared to those two, other years were relatively tame. Stocks did shitty in 1974 but awesome in … Read more