The long term inflation and brought on by taking us off the gold standard and imposing Wage and Price Controls.
If you would like to defend Federally mandated Wage and Price Controls, I would love to hear your argument.
No, what you said made sense. I just wanted to know how you were measuring the difference.
Ron Paul referred to that episode as our second default in history. The first being FDR confiscating gold and setting an arbitrary new dollar value of gold.