Stagflation

You don't like history? :dunno:

Love it! Would also love to hear you explain how exponential growth theory is responsible for what is mentioned in the OP.
 
Hmmmmm, slow growth, high unemployment and prices still rising........grim, indeed.
 
It's the fractional reserve system. It all started with Hamilton. . .

No, I'm not a Ron Paul supporter. lol

It worked while we had unlimited resources and fast population growth. Ironically, we have turned into Great Britain. Without the old lady in ugly hats.
 
It's the fractional reserve system. It all started with Hamilton. . .

No, I'm not a Ron Paul supporter. lol

It worked while we had unlimited resources and fast population growth. Ironically, we have turned into Great Britain. Without the old lady in ugly hats.


The only resources I see us short of now are work ethic and White House leadership.
 
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