1971

This was the year the music died.  Its been a thrill of a ride into the record books; the U.S. dollar and a basket of other currencies now share the record as being "the longest lasting fiat currency" at just 40 years.  The reason I bring this up is that we while the doctors at the federal reserve have diagnosed us with the deflation, it is plain to see that their treatment causes severe inflation.  Not one currency has ever died from the deflation; its like the chicken pox, it sucks for a while but when you get over it you're cured for a lifetime.  Inversely, hundreds of currencies have died from the inflation.  The ultimate black swan is on its way, post up.