I will have to trust you on that one, I was a wee toddler then. LOL. So this means we may have 10 more years of escalating inflation? Brilliant!
I wasn’t that old myself back then but I like to read up on it. :)
10 years of inflation? I think so. Just in general there hasn’t been much inflation and we have massive pressure like an expanding dollar, our overseas suppliers are wanting more money as they grow into first world nations, credit is cheap but won’t/can’t stay that way, etc. Everything I have seen so far says this depression has produced deflation but that just means the economy is coiled for inflation. The entire financial system is rigged to need inflation to pay for yesterday’s spending. We haven’t had that.