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Poor and StupidHow big government, big business, big media and big academia block your road to financial freedom- and tell you it's for your own good. |
HAPPY ANNIVERSARY, HONEY
Posted on 08/16/2006 06:50 AM | Link | Post Comment
Well, it was yesterday actually. But at least I remembered. It was the 35 years ago that President Richard Nixon imposed wage and price controls as an emergency measure to rein in runaway inflation.
Here's the punch-line. When Tricky Dick did that in 1971, the Consumer Price Index had just grown 4.36% on a year-over-year basis. Today it is growing at essentially the same rate -- 4.15%. And it seems that nobody even cares.
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Examples
ATM Wallstreet - Mon Oct 06, 2008 03:39PM
Made several great trades today. Traded the QID, QQ [read more]
Made several great trades today. Traded the QID, QQ [read more]
ATM Wallstreet - Tue Oct 07, 2008 10:07PM
Today we have the Fed speaking and release of Fed mi [read more]
Today we have the Fed speaking and release of Fed mi [read more]
Morpheus Trading - Tue Oct 07, 2008 08:33AM
NOTE: Please click on the charts below to enlarge them [read more]
NOTE: Please click on the charts below to enlarge them [read more]
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