Posted 11/24/2022 16:11 (#9948095 - in reply to #9947827) Subject: RE: Deflation not all it's cracked up to be
Clarke Co, Iowa
That would be the exact same thing that happened in the mid 1970"s. First the Fed raised interest rates and the economy started to tank so, the Fed lowered rates and inflation exploded until the Fed kicked rates over 20% that led to the big crash of the 1980's. setting up to do the same stupid stuff all over again.
Deflation not all it's cracked up to be
