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This post is right about some things, including the general solution to staglation, and wrong about others. Paul Volker was Fed Chair between 1979 and 1987, not
by hyperpape 1y ago
This post is right about some things, including the general solution to staglation, and wrong about others. Paul Volker was Fed Chair between 1979 and 1987, not 1973. The 1973 crash and recession were not caused by his actions, if you had to pick a single cause, I think Opec would be it.
- cs702 1y agoYou're right. Fixed! I knew that, but my puny little brain somehow didn't catch it as I was writing my comment.
- deleted 1y ago[deleted]