[cake_crumb]

So, if we use interest calculations from the ‘70s, what do we have really? I recall they peaked at around 21 percent then. And the 10.7 percent unemployment rate then would be ...what today? Those were rhetorical questions.

We knew we were in an inflationary cycle as soon as gold started going up...and speaking of different calculations, gold prices would have to go up to $2,200 in todays dollars to match the peak during the recession in the 80s. Not saying it won’t happen. Jut wondering why everyone seems to be so anxious to jump the gun.

[PeterPrinciple]

So, if we use interest calculations from the ‘70s, what do we have really? I recall they peaked at around 21 percent then. And the 10.7 percent unemployment rate then would be ...what today? Those were rhetorical questions.

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When Clinton was president they moved a lot of national debt to short term debt with a lower interest rate. This was one of the actions that made it look like spending was under control. Long term debt is what creates stability. Tell me what politician will move debt back to longer term and more expense. Answer is they won’t. We are locked into cheap money, chaos and inflation.