The Biggest Risk to the Economy

These are some of the craziest economic stats I came across in my research for Risk & Reward: In modern economic times, prices didn’t start rising on a sustained basis until the 1940s. From 1800 to 1940, prices rose at an average inflation rate of just 0.2% per year, meaning the cost of living was just 28% higher in 1940 than it was at the onset of the 19th century. There were nearly 70 separate periods of defla...