CSPAN2 BOOK TV July 31, 2016
Which is almost impossible to compute anyway. All you have to do is look at the price of oil, nominal price of oil in the 7s so when we went from 3 to almost 40 a barrel. The price was going open, people thought we were running out youve had Huge Investments in alternatives and Huge Investment in the Energy Industry in the early 80s. Terrible inflation, oil crashes to 10 a barrel, texas goes into a depression, the agricultural economy goes into a depression. Unstable money we saw the same thing in the last decade unstable money is like a virus in the computer. It corrupts the information to ge...