On the Nightly News with Katie Couric there was a piece on the current jump in the rate of inflation. Then they pointed out the faltering economy and some economist or expert declared we are suffering from stagflation. Rob warned us about it years in advance. Thanks Rob.

 

Return to Nixonomics? Remember that? I sure do. I ended up with a 14% mortgage and a paycheck that kept shrinking in real terms. (At least I had a job.)