2019 to 2024 is five years, not four.
Not sure if the 40% is real, but if so, it annualizes to 6.96% across five years. I don't know if that's considered high or not.
2019 to 2024 is five years, not four.
Not sure if the 40% is real, but if so, it annualizes to 6.96% across five years. I don't know if that's considered high or not.
> I don't know if that's considered high or not.
The target has been a 2% long-term average (although there has been recent language indicating a shift towards "just try for 2% going forward"). It peaked at something like 9%, which hadn't been seen in decades. Nothing compared to e.g. Weimar Germany, Brazil circa 1990, or even modern-day Argentina; but undesirable and concerning.
If we’re being pedantic, it’s actually somewhere between 4 years and 2 days, to 5 years and 364 days, 2024 was a leap year.
I sure don’t feel like I added anything to the discussion. Do you?
I was curious about the annualized rate when I read the original comment, so if nothing else, I think that was a constructive addition.