10 Mar 2014 12:57 pm
You're making excuses about why your OP is wrong from what I can tell. The cause of the inflation is irrelevant. The effect of inflation on the numbers you're posting is.Cannonpointer » 10 Mar 2014 12:55 pm » wrote:
I have addressed it several times. Nixon pulled America out of the Bretton Woods Agreement and took us off a precious metal standard. Fiat currency is volatile, and Carter took the office when the predictable and necessary adjustment came due.
On top of that, the energy crisis was a major driver as well. This is stuff you know or ought to know.