Inflation Since The American Revolution Submitted by Tyler
Durden on 01/07/2013 17:41 -0500
As is clear by this chart, inflation was virtually unheard
of until the Creature from Jekyll Island (the Federal Reserve)
took over. However, more importantly, things didn’t
really start to get bad until the 1970?s right after Nixon
took the nation off the gold standard in 1971. Since that
time, America has seen a period of non-existent real wage
growth and a huge gap grow between the rich and the poor
ever since. Nothing like livin’ the debt slave dream!