Prices cycled higher through the late 1960s and 1970s, which makes sense: 

Money gets debased by government. Prices go up. People save more in response to higher prices, reducing demand for money, and prices go down. Government then stimulates, with further monetary debasement, to discourage savings, and prices go up faster, causing more savings. Rinse, repeat.

We shouldnt be surprised in this cycle repeats, as well, in the 2020s. The problem is government manipulation of money supply. #bitcoin


https://m.primal.net/HcBg.jpg