Raw data entered and plotted from Appendix A, Kevin Phillips, Wealth & Democracy
Both indexes have been computed to use 1860 as a base (1860 equals 100). The Composite Consumer Price Index splices the U.S. government Consumer Price Index to the computations of economists Paul David and Peter Solar taking the index back-to colonial times. The Taylor-Hoover Wholesale Price Index is included (through 1958) to illustrate the greater effects of inflation and deflation on agricultural commodities.
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