The United States of America, land of the free, bares witness to a century fraught with inflation. Our American history preceding our entry into the World War (aka: WW I, 1917), shows little interest in caused by inflation. The Sea of Tranquility. It was rarely news worthy in the United States until 1917.
1913. Under the watchful eye, the Federal Reserve legalized elastic currency. Inflation has wrought havoc on our economy! An inflation storm has blown us out to sea. Sound money anchor gone. We are now beset with inflation, lost in Sea of Liquidity.
To wit, US Postage Stamp Rate Inflation: http://www.akdart.com/postrate.html
Disclaimer: Mark Twain (1835-1910-To be continued) is unlicensed. His river pilot's license went delinquent in 1862. Caution advised. Daily Paul ☑
Want DP delivered to your inbox daily? Subscribe here: