Via Michael Krieger of Liberty Blitzkrieg blog [4],
As is clear by this chart, inflation was virtually unheard of until the Creature from Jekyll Island [5] (the Federal Reserve) took over. However, more importantly, things didn’t really start to get bad until the 1970?s right after Nixon took the nation off the gold standard [6] in 1971. Since that time, America has seen a period of non-existent real wage growth [7] and a huge gap grow between the rich and the poor ever since. Nothing like livin’ the debt slave dream!
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