midfest.info

Join-Us | Log-In

Media | Translate

Make a Comment • Email Link • Send Letter to Editor

IPFS News Link • Federal Reserve

Chart of The Day: Long View Of Inflation Shows That It's All The Fed's Fault

08-16-2010 • Businessinsider.com/

In its latest investor letter, Matterhorn Asset Management warns of a hyperinflationary depression worse than Japan's, as piles and piles of worthless paper collapse in on themselves. Who do they blame for this predicament? The Fed, of course. In this chart, they claim to back-measure the CPI going to 1800, and they point to take away is that while there were inflationary spells in the past, what really got the ball rolling was the creation of The Federal Reserve and the dissolution of the gold standard.

AzureStandard

FreedomsPhoenix.com

The domain and name of this website are servicemarks of Ernest Hancock.
Website is Copyright © 2024 by Ernest Hancock. All rights reserved worldwide.
PO Box 1681, Sun City, AZ 85372 USA.

Stats by StatCounter