Mr Ranson says that relative to the bullion price, American farmland has cost around 2.4 ounces of gold per acre on average since 1919.

Ranson指出相对于黄金价格，美国农地成本自1919年以来平均在约2.4盎司黄金每英亩的水平。

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High inflation makes it hard for firms and individuals to distinguish changes in the relative prices of particular items from general changes in the average price level, so price signals become blurred.

ECONOMIST: Should central banks try to target asset-price inflation?

Beaten up Hovnanian Enterprises, for example, carries a price-to-book value ratio of 0.9, cheap relative to an average multiple since 1988 of 1.1.

FORBES: Magazine Article

When performance is measured against the first day's closing price, our entire universe of new issues has an 81% average gain and an average relative performance of just 86.

FORBES: A decade of new issues