David Frum @davidfrum
While inflation conditioned those who came of age in the 1970s, US monetary history has been much more deeply - and more painfully - shaped by DEFLATIONS, especially 1873-1896, 1919-23, 1930-1940, and 2008 onward. Don't want to be hit by the bus? Watch the oncoming traffic. — PolitiTweet.org