Both the 1980 and 1981-82 recessions were triggered by tight monetary policy in an effort to fight mounting inflation.
The unemployment rate reached 10.8% by the end of 1982, with interest rates hovering around 16%…
Are we in for a similar outcome? 🤔
#asknostr #Plebchain #Bitcoin #BeOG
BeOG
npub1p54…8llg
2024-05-28 00:44:28
Author Public Key
npub1p54q74kgnlfkfwyhy0l7wcgz89qppj3luj9cqncdlphzem6qmagszw8llgPublished at
2024-05-28 00:44:28Event JSON
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"content": "Both the 1980 and 1981-82 recessions were triggered by tight monetary policy in an effort to fight mounting inflation.\n\nThe unemployment rate reached 10.8% by the end of 1982, with interest rates hovering around 16%…\n\nAre we in for a similar outcome? 🤔\n#asknostr #Plebchain #Bitcoin #BeOG\nhttps://m.primal.net/IPZa.mp4 ",
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