It left out the huge inflation caused by Vietnam war in the 70’s and boomers coming of age etc…
It left out the huge role Owners Equivalent Rent played in the housing bust of the late 80’s and 2007-8 and the huge role it played in reducing inflation etc…
The outsourcing of the 90’s and the Rise of the machines currently being experienced.
How adjusting (or not adjusting ) minimum wage effects inflation/deflation (it’s not just credit and/or printing).
