Not especially the almost totally flat nature of prices between 1870 and 1910.
The chart shows deflation between 1870 and 1910, not stability. 1992 to the end of the chart was more stable.
Not especially the almost totally flat nature of prices between 1870 and 1910.
The chart shows deflation between 1870 and 1910, not stability. 1992 to the end of the chart was more stable.
Did you look at the chart? Prices are almost exactly the same in 1870 and 1910.