3 ms·
Because we have different Federal Reserve policy than we did in the 1970s, for one thing.
by anotherman554 5y ago
Because we have different Federal Reserve policy than we did in the 1970s, for one thing.
- thallium205 5y agoThe fed in the 70s slowed inflation by raising interest rates to 20%. The current fed will never do that.
- sfe22 5y agoCorrect. And there is a reason, at 10% interest rate, the federal government is bankrupt.