It could take a decade for inflation to return to normal | |
Tiger Blood
(OP) User ID: 74053896 United States 12/03/2022 05:28 PM Report Abusive Post Report Copyright Violation | |
Tiger Blood
(OP) User ID: 75566854 United States 12/03/2022 05:37 PM Report Abusive Post Report Copyright Violation | Inflation started rising in the late sixties (1966). It was 1986 before it was back down below two percent. [link to www.usinflationcalculator.com (secure)] Of course going off the gold standard and the Arab oil embargo (1973) didn't help. It wasn't until the Reagan era that it came back under control. LBJ, Nixon, Ford and Carter all failed to "whip inflation". I remember. I lived through it as a kid. Tang instead of Orange Juice. Powdered milk. Hamburger Helper Tuna Helper... And if your tuna needs help you are truly fucked. That's what I remember. AKA Tiger Blood |
Tiger Blood
(OP) User ID: 84467153 United States 12/04/2022 02:14 PM Report Abusive Post Report Copyright Violation | |
JustinCastro
User ID: 79310067 Canada 12/04/2022 05:40 PM Report Abusive Post Report Copyright Violation | It's never going back. Fuel, groceries & rent so expensive you can't afford to live is the plan. People will become dependant on hand outs from Big Government to survive. Only Leftist Parties offer such all encompassing welfare. Eventually they won't even have to cheat to win. That is the worst part about this whole thing. The World has changed forever. There's no going back. Kids today will know nothing of the society we took for granted. Uncle Raul |
Tiger Blood
(OP) User ID: 84467153 United States 12/04/2022 05:47 PM Report Abusive Post Report Copyright Violation | It's never going back. Fuel, groceries & rent so expensive you can't afford to live is the plan. People will become dependant on hand outs from Big Government to survive. Only Leftist Parties offer such all encompassing welfare. Eventually they won't even have to cheat to win. That is the worst part about this whole thing. The World has changed forever. There's no going back. Kids today will know nothing of the society we took for granted. Quoting: JustinCastro Yes Something very like that is the plan. The permanent party of power. TPTB will sacrifice even the capitalism that has made them rich to get that. Then global government. AKA Tiger Blood |
Butthead
User ID: 83220708 Canada 12/04/2022 11:11 PM Report Abusive Post Report Copyright Violation | |