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by epgui 1441 days ago
As another commenter points out, it completely depends on what feature of the data you're trying to highlight, or what question you're trying to answer.

I don't think anyone looking at this chart really cares about the inflation-adjusted value of one share in a specific year, I think the main point of this chart is the real returns of stocks, bonds and cash (or an approximation of such represented by the selected indices), over time.