You thinking, he must be talking about 50 plus years ago right? Well actually no, I'm talking about today. Well today in a theoretical sense. Interesting discussion had the Fed adopted a "no expansion" policy of the money supply back in 1959' and held that course to the present. 12¢ Hamburgers and $600 Cars - Mises Institute I hope like myself, this really makes you ask the question of who really benefits in the longhaul when you consider the economic policies of the American gov't and the American Banking system, specifically the Federal Reserve. The flipside of this picture is we wouldn't make as much money and most likely wage rates would have declined in this same period but then in relation to the price of goods and services I doubt our individual lifestyles would be that much different. It's even possible it might be even better. I just found the piece thought provoking and wanted to share. Less than 2 weeks till the election. Like the leemings over the cliff, will you continue to do the same in that voting booth or are you strong and independent enough to do something different for a change?