Quick Take Many investors try to pinpoint the exact times we are in previous cycles or decades. Every cycle and decade is slightly different in some way, but we have similar narratives to the 1970s of high inflation and elevated interest rates. Similar to the 1940s of financial repression, i.e., inflation is a lot higher than interest rates hence negative real rates. A comparison to the 1970s saw colossal inflation, rising interest rates, and an economy in stagflation. However, unemployment is still at record-low levels.

In the 1970s, this is how some assets performed;

In the 2020s, this is how some assets have performed;

The post How gold and Bitcoin are responding to inflationary pressures – comparing the 1970s and the 2020s appeared first on CryptoSlate.

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