Loading ...If inflation is defined as an the increase in money supply? Yes 1945 to 1971. Big increase. WW II Korea Vietnam moon landing.
After 1971 (deflation) the higher rates sucked money OUT of money supply until around ’81 at 21% prime. We almost had a hyper inflation in the ’70s, total loss of confidence in the Dollar after ’71 but the higher rates sucking up deposit dollars were a head wind. Mexico had 35% rates. USD index hit around 160.
https://www.theice.com/publicdocs/ICE_USDX_Brochure.pdf
https://www.mrci.com/pdf/dx.pdf