D Lambrozza
@herrhayek
Former institutional investor and avid reader of macro/economic history. NOT a believer that governments and central banks can print their way to prosperity ...
ID: 857723830831370240
27-04-2017 22:31:11
7,7K Tweet
342 Followers
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Rudy Havenstein, Senior Markets Commentator. this chart compares prices and incomes from 1967 and 2015. Everything soared in dollar terms but, of course, prices soared much higher. the chart also corrects everything against a gold 'baseline.' Everything fell against gold. the92ers.com/blog/fed-publi…
Not normally a NY Times fan but this is good context for Afghanistan: Why Vietnam Was Unwinnable via The New York Times nytimes.com/2017/08/22/opi…