Detailed text transcripts for TV channel - FOXNEWS - 20130722:02:41:00
There will be no spending restraints as long as the fed is there to bail anyone and everyone out all the time. >> when inflation comes, what will the government do?wh >> the romans issued wage and sd price control. >> the united states government has already done this. when the dollar was divorced ni from gold in 1971, what came right afterwards, a decade of high inflation in the 1970s and universal wage and price controls under nixon. nixon was kind of a softie compared to the roman emperors. when it was done in 300 a.d., it was punishable by death. even still, you had the same bad consequenc...