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The Advisor: Inflation: Hello Again?
Manage episode 247559014 series 2154733
Remember "Whip Inflation Now"? If you don’t, you weren’t old enough in 1974 to experience an inflation rate of 12% (it got worse: In March 1980 inflation peaked at 14.76%). When President Gerald Ford introduced the “WIN” button—“Whip Inflation Now”—it was a rallying cry for the country to help combat the inflationary spiral that was causing major economic dislocations and rapidly rising interest rates.
45 episodi
Manage episode 247559014 series 2154733
Remember "Whip Inflation Now"? If you don’t, you weren’t old enough in 1974 to experience an inflation rate of 12% (it got worse: In March 1980 inflation peaked at 14.76%). When President Gerald Ford introduced the “WIN” button—“Whip Inflation Now”—it was a rallying cry for the country to help combat the inflationary spiral that was causing major economic dislocations and rapidly rising interest rates.
45 episodi
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