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Stagflation in the 1970s
Stagflation in the 1970s combined high inflation with disappointingly uneven economic growth.
The price of gold in 1970 was $35 US Dollars
The price of gold in 1980 went to $800 US Dollars.
= 2000%
Stagflation today.
The price of gold today is $1865 US Dollars
$1,865 + 2000% = 39,165 US Dollars.
https://www.zerohedge.com/markets/pento-four-reasons-why-january-rally-will-falter