re: #352 Obdicut
By the way:
Yes. For an anomalous 3 year period, we had it. We didn’t actually have it for an entire decade, of course, so, this is a rather misleading comment.
Anyway, I already said that I was fine with capital gains being adjusted for inflation, so I’m really confused if you just missed me saying that, or you don’t care, or what.
1974 to 1984, consumer price index January to January moves from 46.6 to 101.9, a 119 percent inflation over those ten years. Or if you want a decade beginning and ending on a ten-year mark, 1970: 37.8, 1980, 77.8, 106 percent inflation during that decade.
Or if we take Jimmy Carter’s time in office, from 58.5 to 87. That’s 49 percent in just four years.
My comment wasn’t misleading. It was cautious, understating what had actually happened. Just to be on the safe side.