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The history (and future) of inflation ...
It may not feel like it, but we live in inflationary times relative to long-term history.

Before the start of the twentieth century, prices crept higher only very slowly over time and were often flat for long periods. In the UK prices were broadly unchanged between 1800 and 1938. However, inflation moved higher everywhere across the globe at numerous points in the twentieth century. UK prices since 1938 are up by a multiple of 50 (+4885%). Read more...


Link to the PDF Report.


Deutsche Bank, Thematic Research, September 19, 2018-Jim Reid, Craig Nicol, Nick Burns, Sahil Mahtani