Forget the 1930s; We're Reliving 1975 (Part II) [View article]
One point not touched upon as a difference... the number of "entitlements" which are now pegged to inflation, CPI, etc. In the 70's, those folks shouldered the burden of high inflation. This time, not so much. Better hope that the fed never acknowledges inflation.
Forget the 1930s; We're Reliving 1975 (Part II) [View article]