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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?

To: bart13 who wrote (81184)	10/10/2011 10:05:00 PM
From: TobagoJack	Read Replies (2) \| Respond to of 217755

what happened between january 1975 and sept 1976? << ... The recession from 11/73 was still going and didn't end until 4/75 The Yom Kippur war was long over and things appeared much calmer in the ME>> another data point critiqueofcrisistheory.wordpress.com From the 1974-75 Recession to the ‘Volcker Shock’ As I explained last week, the devaluation of the U.S. dollar in terms of gold had temporarily halted by the end of 1974. After peaking at $195.25 an ounce on December 30, 1974, the dollar price of gold had fallen to $104.00 on August 31, 1976. As a result, during 1975 the rate of U.S. inflation as measured by the government producer price index was “only” about 4.4 percent. Still, the official producer price index rose more in the recession-depression year of 1975 than it had in the inflationary boom year of 1965. This despite a slump that was considerably worse than that of 1957-58.