That’s a NY Times chart, annotated for you by Tyler Durden. You’ll notice that the lines diverge not long after the Fed began its permanent policy of cheap money.
I realize correlation is not causation, but at some point we really ought to try something else.
Steve launched VodkaPundit on a well-planned whim in 2002, and has been with PJ Media since its launch in 2005. He served as one of the hosts of PJTV, a pioneer in internet broadcasting. He also cohosts "Right Angle" with Bill Whittle and Scott Ott at BillWhittle.com. He lives with his wife and sons in the wooded hills of Monument, Colorado, where he enjoys the occasional adult beverage.
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