Summary
- A Charlotte restaurant offers a unique look at inflation over 54 years.
- Think gas prices were cheap in 1963? They still are.
- The stock market has been the best hedge against inflation since 1963. Is that a positive thing? Or an omen?
Anyone who drove a car before the 1973 gas crisis fondly remembers gasoline at 25 cents a gallon. That’s what it was selling for back in 1963. Those were the days! But in reality, gas prices are almost as cheap today as they were in 1963.
Treasury Inflation-Protected Securities 