Frank Hill

Dan Aykroyd of “Saturday Night Live” had a memorable spoof of President Jimmy Carter’s anti-inflation speech in 1978, where he was ‘quoted’ as saying: “Inflation is our friend. In the year 2000, if current trends continue, the average blue-collar annual wage in this country will be $568,000. Think what this inflated world of the future will mean — most Americans will be millionaires. Everyone will feel like a bigshot. “Wouldn’t you like to own a $4,000 suit, and smoke a $75 cigar, drive a $600,000 car? I know I would!” That may have sounded funny in 1978 when inflation seemed…