Anyone remember the Carter years?

[rothschild]

I remember that, but I also remember the crippling stagflation that manifested during Ford's tenure. All of it, IMO, was the result of Nixon abandoning what was left of the gold standard, which can't be overstated given how significant the dollar was in the post-WWII global economy. The result was economic uncertainty across the board, including the pricing of oil. Our Middle East policy of supporting Israel and puppets like the Shah and the Saudi "royals" also contributed to the turmoil.

What we're seeing today, however, is something entirely different. It's a new game with all new rules, and the only way I see good winning out is if we can put the partisan politics aside and pull together.