The Real Hockey Stick Chart: Inflation Since the Birth of the Nation
“This is what happens when the dollar is backed by “the full faith and credit of the United States” and not the barbarous relic. Nixon abandons gold in 1971 and inflation launches skyward. It’s hard to believe that for most of the history of the United States inflation was next to 0%.
That the rate of crony capitalism has launched into the stratosphere at a commensurate rate with inflation is no coincidence. Fiat money is the mother’s milk of crony capitalism.”
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- The Creation of the Fed and the End of the Gold Standard Has Resulted in Massive Price Inflation (economicpolicyjournal.com)
- Fed Presidents Speak Out (dailyfinance.com)
- CHART: Inflation Since 1775 And How It Took Off In 1933 (businessinsider.com)
- Fed’s Lacker Warns of Potential Inflation (blogs.wsj.com)
- Will Relatively Low Inflation Expectations Persist In 2013? (wallstreetpit.com)
- Should the Fed Change Its Target?: Interview with Michael Woodford – Bloomberg (bloomberg.com)
- Chart of the Day: Inflation Since the American Revolution (libertyblitzkrieg.com)
- From Anti-Inflation To Pro-Inflation (seekingalpha.com)
