There are many similarities between the U.S. economy today and the U.S. economy of the early 1970s. I don’t need to over-elaborate on the details of the likeness of the two eras, because it’s actually the one distinct difference that is going to matter going forward.First I would like to take a brief look into [...]
Posts Tagged ‘Trade Surplus’
The Downfall of Keynesian Economics and the U.s. (part 1 of 3)
December 13th, 2009 
Admin 
Posted in Articles 
Tags: Agricultural Output, Air Planes, Allocations, Chairman Of The Federal Reserve, Distinct Difference, Downfall, Economic Output, Eras, Guns And Butter, Iraq Today, Jungle War, Keynesian Economics, Likeness, Monetary Base, Monetary Inflation, Paul Volcker, Price Tag, Trade Surplus, Vietnam War, War In Iraq 
No Comments »