September 7, 2011

inflationCookbook-resized.jpg
Nothing, it seems, ever changes.


The '70s were interesting times (interesting in the Chinese curse sense). We had Inflation, Stagflation, Whip Inflation Now and host of other economic maladies in between.

In 1970, NBC Radio as part of their Second Sunday Documentary series, ran this episode called Inflation: The Economic Plague from March 3, 1970. On hand were a host of pundits, including Milton Friedman and the Chicago School of Economics, which loomed large during the Nixon years and every sign that things weren't getting any better or planning on getting better any time soon.

And 41 years later, it's still about the economy.

Can you help us out?

For 17 years we have been exposing Washington lies and untangling media deceit, but now Facebook is drowning us in an ocean of right wing lies. Please give a one-time or recurring donation, or buy a year's subscription for an ad-free experience. Thank you.

Discussion

New Commenting System

Our comments are now powered by Insticator. In order to comment you will need to create an Insticator account. The process is quick and simple. When registering you will also be presented with the option to tie all your old Disqus comments to your new Insticator account. Please note that the ability to comment with a C&L site account is no longer available.

We welcome relevant, respectful comments. Any comments that are sexist or in any other way deemed hateful by our staff will be deleted and constitute grounds for a ban from posting on the site. Please refer to our Terms of Service (revised 3/17/2016) for information on our posting policy.