Better yet, look at the cost of food. Two years ago a can of corn was 58 cents, today that same can of corn is $1.26 in my local market. The true index of inflation is in your local market, not so much the stock market. IMHO
We’d better HOPE we’re just going back to mid-1970 prices on food under Carter. Some charts show current food prices matching the tough times of the 1700’s. *Eeek*
http://www.thepeoplehistory.com/70sfood.html (1970’s prices)