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Started By
Message
re: Inflation rises 7% over the past year, highest since 1982
Posted on 1/12/22 at 9:12 am to Civildawg
Posted on 1/12/22 at 9:12 am to Civildawg
quote:
but how were they able to deflate the inflation then? S
They imposed high enough interest rates to push the economy into a recession. That early 80s recession was an extreme bitch but after two years the US saw 6% growth.
3
Posted on 1/12/22 at 9:14 am to Kino74
Sounds like that’s what we need but this administration is hell bent on turning us into Venezuela
Posted on 1/12/22 at 9:15 am to Kino74
As someone looking to buy a house in the next 5ish years probably this is concerning.
Posted on 1/12/22 at 4:53 pm to Kino74
quote:
They imposed high enough interest rates to push the economy into a recession. That early 80s recession was an extreme bitch but after two years the US saw 6% growth
"Interest rates and economic growth are racist. Here's a bunch of made up bullshite to prove my point."
-Democrats
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