24 August 2009

follow the money (the FED 1913-2009) summary 2

... all calculations use yearly CPI figures from the U.S. Bureau of Labor Statistics ... http://www.bls.gov/data/inflation_calculator.htm ...

it just so happens that since the US Federal Reserve issued it's first Federal Reserve Notes with Benjamin Franklin's picture on them ($100) there have been exactly six 16-year blocks coinciding exactly with four presidential terms each. (or three blocks of 32 years/8 potus terms each) ... 96 years ... i note the parallels of US presidential elections because monetary and fiscal policy has a most significant effect upon their outcomes and vice-versa. a symbiotic relationship. booms and recessions, wars and not yet wars, deficit spending and 'balanced' budgets all have a role in 'setting the stage' for change, or 'continuity'.

one does not have to study history for very long before noting evidence of 'cycles'. indeed careers and fortunes have been made and lost on real and perceived future trends, peaks, and troughs, realized and unrealized.
tbc ...