When Nixon took us off the gold standard, it represented the high water mark for the Middle Class. Basically this is when the government and the banks lost all restrictions on money creation. Well we see the results. Deflation is good for the people, inflation for TPTB. Now you know why we have 2% inflation targets.
Slope of Hope Blog Posts
Slope initially began as a blog, so this is where most of the website’s content resides. Here we have tens of thousands of posts dating back over a decade. These are listed in reverse chronological order. Click on any category icon below to see posts tagged with that particular subject, or click on a word in the category cloud on the right side of the screen for more specific choices.