All of our economic problems are caused by the Federal Reserve creating the excess of money and credit that produced the bubbles in stocks, bonds, houses and size of government, but doesn’t have to be electronic money made from electronic credit.

No, sirree! You can expand the money supply the old-fashioned way, as it can be money made from plain, old, paper-and-ink! Fire up the presses! Monetary inflation the old-fashioned way!

Perhaps that is why Mark J. Lundeen, market analyst, writes that Currency in Circulation (CinC) can also be an inflationary problem, as “The historical period where the US saw double digit CPI inflation occurred from the mid 1970s to about 1982” which was a time when, “CinC’s annual increase was pegged at 10% during this period. The CPI Index soon followed.” Yikes! Double-digit inflation!

Well, if you are like me, you are wary of references to the ’70s and ’80s since someone