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It’s worth understanding the mechanics of how the Fed kept rates down despite all the pressure for them to rise. It did that via yield curve control, which kept interest rates anchored even when there were massive shifts in growth, inflation, and government bond issuance. In the charts below you can see how long-term bond yields stayed stable around 2% through the huge economic swings of the war (with its massive growth boom and the price controls required to keep inflation from skyrocketing), the postwar slump, and the recovery that followed. Inflation reached a postwar extreme of close to 20% in 1947 and a low of about -3% in 1949, while yields barely budged.

On technology, what I’ve seen during this disinflationary period is the concentration of economic power into a few corporate hands. Once they have cleared the playing field of their competitors, they could ratchet up prices to decompress margins. So I am not sure these technological disruptions will continue to bring disinflation.

Conditions in this market include erectile dysfunction, hair loss, and acne.

Treatments included are oral contraceptives, hair loss, and acne.

Anxiety and depression are the most common conditions in this segment.

10% of those with acne consult a physician, 20% visit a skin care center, 30% use OTC products, and the remaining 40% seek no treatment at all.

Women seek treatment for acne at much higher rates than men. Roughly 65% of all doctors visits for acne related issues were made by females.

Women seek treatment for acne at much higher rates than men. Roughly 65% of all doctors visits for acne related issues were made by females.