voytechs
Member
- Joined
- Sep 6, 2007
- Messages
- 2,247
In the '90s the fed was fueling a bubble with lots of fiat cash. That resulted in greater tax increases (the gov. spending didn't decline). And everyone remembers when the bubble burst. Clinton's "fiscal" responsibility was at tax payer cost in inflation.
Don't forget that it was during Clinton's term is when they changed the formula on how they calculate GDP and CPI numbers. If you look at alternate inflation and GDP numbers (pre-clinton change) the picture looks a lot different. They were reporting much lower inflation that was actually going down, when in reality it was going up.
Bush H. W. did run up the inflation, but clinton did too, to about the same level old Bush Sr. Then enter Jr. and you can see the rest. We're at 12% and climbing fast. None of the statistics the MSM reports is on a playing field. There is also a 6-12mo lag between when M3 (money supply is inflated) and when consumer prices start to rise.
Notice, that little hill (blue line) between 1999-2002 is what fueled our current subprime and mortgage crisis, as they were trying to prevent a recession in 2000. Just imagine what everything else since has become.
Don't forget that it was during Clinton's term is when they changed the formula on how they calculate GDP and CPI numbers. If you look at alternate inflation and GDP numbers (pre-clinton change) the picture looks a lot different. They were reporting much lower inflation that was actually going down, when in reality it was going up.
Bush H. W. did run up the inflation, but clinton did too, to about the same level old Bush Sr. Then enter Jr. and you can see the rest. We're at 12% and climbing fast. None of the statistics the MSM reports is on a playing field. There is also a 6-12mo lag between when M3 (money supply is inflated) and when consumer prices start to rise.

Notice, that little hill (blue line) between 1999-2002 is what fueled our current subprime and mortgage crisis, as they were trying to prevent a recession in 2000. Just imagine what everything else since has become.
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