My last two columns have been about how we can protect ourselves from some of the terrible economic consequences that are beginning to fall on this nation because of the foolishness and corruption of our ruling class — from both parties. The technical name for what’s coming is stagflation. Prices will rise, but incomes will not keep pace. While a few wellconnected looters at the top will become obscenely rich, the middle and working classes will be all but destroyed. I don’t need a time machine to know this, just a history book. This is what has happened to every nation which conducted its financial affairs the way ours are being conducted. In fact, these things have already begun to happen.
This story is only available from the The Times of Northeast Benton County archives. Stories can be purchased individually for $2.95. Click here to search for this story in the archives.
Opinion, Pages 4 on 07/14/2010
Print Headline: Arkansas Watch We need one another in bad times