the US has never fought a sustained war without major inflation

Recent Blog Posts

Reader comment on:
$1,000 Gold

Submitted by Eric Baum, Mar 14, 2008 08:11

Revolution war inflation, followed by deflation until the war of 1812 inflation, followed by deflation till the Civil War inflation followed by deflation till WW1 inflation, which continued through Korea and Vietnam the entire duration of the Cold War through Volker's success in breaking it down to very mild inflation through to the 2nd Iraq war, which has seen gold and oil inflation throughout and now general inflation at a scary rate.

Of course, ethanol subsidies are raising food prices dramatically too, at the same time as they pump CO2 into the air.

Note: Comments are screened, and in some cases edited, before posting. We reserve the right to reject anything we find objectionable.

Other reader comments on this article

Comment	By	Date
I consider this almost daily. I hope our Congresspersons are considering it also. [MORE]	John House	Mar 16, 2008 18:45
Monetary policy affects the average person more than just about any other issue, and yet the media without exception blocked... [MORE]	Jim	Mar 15, 2008 09:41
A few months ago, I recall that Ron Paul was called "Dr. Loony" since he wanted to return to a... [MORE]	L.Step	Mar 14, 2008 22:15
Where was the endorsement when he still had a chance at the Republican nomination? I guess America will figure out... [MORE]	Craig	Mar 14, 2008 17:33
Dr. Paul is still in the race and delegates are still being elected to vote for Dr. Paul in the... [MORE]	Marcelo	Mar 16, 2008 03:39
Thank you for pressing the point that the dollar is the essence of the financial crisis. The perceived crisis in... [MORE]	Wayne Jett	Mar 14, 2008 17:30
John McCain will not be confronting anyone with any facts about the economy. He's clueless! Dr Ron Paul is the... [MORE]	Freddie L	Mar 14, 2008 16:48
Revolution war inflation, followed by deflation until the war of 1812 inflation, followed by deflation till the Civil War inflation...	Eric Baum	Mar 14, 2008 08:11
Ron Paul keeps submitting to Congress an extremely simple and unexceptionable request:repeal laws preventing private companies from issuing private money,... [MORE]	Eric Baum	Mar 14, 2008 07:57
You know it is still not to late to elect the ONLY Presidential candidate who understands BOTH the economy AND... [MORE]	DenisL	Mar 14, 2008 03:38
******That editorial quoted the only member of Congress who seems even to notice the collapse of the dollar, Ron Paul.... [MORE]	What is wrong with this picture?	Mar 14, 2008 03:22

Reader comment on:$1,000 Gold

Other reader comments on this article

Comment on $1,000 Gold

Reader comment on:
$1,000 Gold