>I take it you weren’t alive in the 1980s? Depends on which side of the life begins at conception/birth debate you're on ;) I took your suggestion as suggesti

>I take it you weren’t alive in the 1980s? Depends on which side of the life begins at conception/birth debate you're on ;) I took your suggestion as suggesting the fed should bump the rate up to nearly 10% in one go, with no warning, which isn't what they did back then. I also think the artificially induced recession wasn't even necessary. It's more likely that Regulation Q reform is what actually ended that inflationary period.