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

By: Zimbler0 in POPE IV | Recommend this post (2)
Sun, 08 Jan 17 7:01 AM | 48 view(s)
Boardmark this board | POPES NEW and Improved Real Board 		Msg. 17656 of 47202
(This msg. is a reply to 17646 by monkeytrots)
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Directly caused by Richard Muhamad Nixon's communist regime
>>


The only thing I'd like to point out, is that Nixon
was handed a trifecta of outrageous deficit spending
programs :

Vietnam War.

Johnsons 'War on Poverty'.

And Kennedy's Space race to the Moon.

Nixon won two out of three . . . He got U.S. to the
Moon and out of Vietnam.

Zim.




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Mad Poet Strikes Again.

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The above is a reply to the following message:
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

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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