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bucolic_frolic
bucolic_frolic's Journal
bucolic_frolic's Journal
May 1, 2018
Listen DUers and you will hear
of a tale of inflation, told in 2 pictures, from 1965. I found these old newspaper ads for supermarkets, and can you believe these prices? Before guns and butter economy of the Vietnam War (Johnson and Nixon), before going off the gold standard (Nixon), before OPEC, before the stimulative policies of Arthur Burns (Nixon and Ford), before the inflation all that caused, before stock market bubbles, Tech wreck, Housing bubble, QE 1,2,3, and now the Idiot in the White House stimulating a full employment economy!!
We are going to get our currency liquidated!
Look at these prices!
https://postimg.cc/image/88h4muh4l/
https://postimg.cc/image/3ml0ehnvp/
Profile Information
Name: ScrubblesGender: Do not display
Member since: Fri Feb 18, 2011, 08:22 PM
Number of posts: 43,364