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Strategies & Market Trends : Mish's Global Economic Trend Analysis -- Ignore unavailable to you. Want to Upgrade?


To: Hawkmoon who wrote (98879)6/28/2009 11:58:45 PM
From: Sr K1 Recommendation  Respond to of 116555
 
Re your link to

>>Price revolution in particular refers to a phase of galloping inflation, which prevailed across Western Europe from later half of 15th century to first half of 17th century. Prices on average rose around sixfold over a time span of over 150 years. [Price in modern days is defined as money asked for in exchange of a good or service.] <<

This "galloping inflation" was on average 1.20% per year.