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 Msg. #  Subject Posted by    Board    Date   
17656 Re: President Obama's economic legacy has just been cemented
   >> Directly caused by Richard Muhamad Nixon's communist regime >>...
Zimbler0   POPE IV   08 Jan 2017
7:01 AM
17651 Re: President Obama's economic legacy has just been cemented
   [color=green][b][i]monkeytrots:[/i][/b][/color] re: [b]"It was NIXO...
Decomposed   POPE IV   08 Jan 2017
4:56 AM

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Re: President Obama's economic legacy has just been cemented

By: monkeytrots in POPE IV
Sun, 08 Jan 17 4:02 AM
Msg. 17646 of 47202
(This msg. is a reply to 17635 by Zimbler0)
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Zim >And the labor force participation rate has not been
this bad since the Carter 'stagflation' presidency.

Remember +18% inflation and mid 20's% home interest loan rates ?

Of course we do. Directly caused by Richard Muhamad Nixon's communist regime (unConstitutional wage and price controls - pure communist).

It was NIXON who took us off the gold standard, which resulted in MASSIVE printing of fiat money under Nixon and Carter - the direct and ONLY CAUSE OF INFLATION. He knew it - and that is why the misdirection of 'wage and price controls' was instituted - to direct US away from the REAL cause of inflation - THE FEDERAL RESERVE BOARD PRINTING OF MONEY. He succeeded beyond belief.

Source: Mises on Inflation - simple, direct, and correct.




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