Relevant to the comparisons of Gilded Ages, lol, then and now?
That’s why that term for that late-19th-century period in American history — the Gilded Age — is so apt. As historian Nell Irvin Painter explains, “‘Gilded’ is not golden. ‘Gilded’ has the sense of a patina covering something else. It’s the shiny exterior and the rot underneath.” How American Inequality in the Gilded Age Compares to Today
1890 actually experienced a bit of deflation? The inflation rate in 1890 was -1.09%, from your link, if I read correctly...
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