{Economic Cycles: Inflation}[27th March 1991]

[Redbook9:11][19910327:1153]{Economic Cycles: Inflation}[27th March 1991]

.1153

‘… I have produced a card which shows inflation up to the present. The earlier data is from Peter Wilsher’s book [The Pound in your Pocket],* later data is from published statistics and the most recent is from the annual retail price index.

‘It is shattering to see that inflation since 1909, at 49 times, is more than inflation between 760[ce] and 1909[ce]. There are people alive today who have lived through more inflation than occurred in the previous millennium.’

**

This is in accord*** with the theoretical application of C[ircles] A[nalysis &] S[ynthesis] to economics drawn from the 64-year cycle,**** in which inflation might be expected generally to increase towards the end of a cycle (ie leading up to C). Given that the 64-year economic crisis is frequently delayed,# the inflation may also occur in the early years of the following precise cycle (ie until the economic crisis actually occurs).

*[Square brackets per ms, indicating insertion in ms]

**N[ew] S[cientist] 19910330:3, letter from Eric Johnson, Worcester.

[Presumably not New Statesman]

***[How?]

****[ie the theoretical 64-year cycle framework – see earlier Volumes []]

#[See earlier Volumes []]

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