Thanks Blam. I’ll be posting more with time on the Biflationary Index I’m creating. It comes out of the idea for the misery index,but not so skewed because we all know the unemployment and inflation numbers are crap.
So my index has Gold, Job Participation (not unemployment), interest rate minus inflation (real rate of return), Case Schiller in it to get a better idea where thingsare.
I think the gold number skews my index too much in favor of the early 50s, but the general shape of the chart doesn’t change. It shows with slid with Nixon, dived with Carter, came back out with Reagan through Clinton (really Gingrich), burpd on 911 and dived in 2005 on compassionate conservatism.
Both my index, and the oil numbers in the above article, show we tanked earlier than the 2008 crash. (Hint: that means they are predictive, not that you dumb hick illiterate conservatives could ever pick that up:)