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Politics : The Obama - Clinton Disaster
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To: Wayners who wrote (9685)3/20/2009 3:24:26 PM
From: DuckTapeSunroof  Read Replies (1) of 103300
 
A real annual return rate for gold (since WW I) of 2% sounds about right....

(But, as we touched on, because of Central Bank manipulation and some other factors there have also been VERY LONG multi-decade stretches with no positive return.)

Also... I don't think that "CPI" was officially calculated anywhere near that far back.

Those pre WW II numbers must be 'imputed'.

(And, I believe that the REALLY SIGNIFICANT government 'thumbs on the scale' meddling with the CPI only began in the nineteen eighties, in a nudge-nudge, wink-wink bipartisan effort to minimize the cost of Social Security... and then again the government corruption of the BLS's statistics became even worse during the first Clinton term.)
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