Monday, August 11, 2014

There Is No Price Inflation--It Hasn't Occurred in Decades...

And then it was only around 10% for a couple of years. That's it.

This 1960s McDonald's menu says otherwise. Bottom line: It is a myth that the Federal Reserve promotes price stability.


-RW

(via History in Pics)

at 10:56:00 AM

2 comments:

  1. MikeAugust 11, 2014 at 1:11 PM

    It is ironic how right next in the same size letters is a US Government sign

    ReplyDelete
  2. gcdugasAugust 12, 2014 at 12:49 PM

    It does promote price stability. The rate at which they plunder us via inflation is very stable.

    ReplyDelete

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