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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?


To: combjelly who wrote (685718)11/20/2012 9:39:03 PM
From: Tenchusatsu  Read Replies (1) | Respond to of 1579680
 
CJ,
If that is what you think, then you don't have a clue as to what happened in the 1970s. I was there and paying attention.
One word: Stagflation. The bane of Keynesian economics.

The economic theories are still being hotly debated, but it says something when Paul Volcker is no longer welcome in the White House.

Tenchusatsu