if you use a more reasonable calculation of inflation and calculate real GDP according to that, you'll see we've been in recession almost half of the years for the last 25 years.
Personally I prefer to use the US case shiller housing index as a good indication of long term inflation. Housing prices are so high, it is the basket of goods that matters the most.
Personally I prefer to use the US case shiller housing index as a good indication of long term inflation. Housing prices are so high, it is the basket of goods that matters the most.