By January of 1980, gold had risen to an all-time high of $875, meaning the dollar fell to all-time lows amid Volcker’s vain ...
Total federal debt was $620 billion in 1976. Why 1976? In a recent column, Holman Jenkins referenced Jimmy Carter’s contention in a 1976 debate that “The best way to control inflation is to cut down ...
Total federal debt was $620 billion in 1976. Why 1976? In a recent column, Holman Jenkins referenced Jimmy Carter’s contention in a 1976 debate that “The best way to control inflation is to cut down ...
One of his big concerns was to change the expectations, and hence the actions, of people who believed prices would continue to rise rapidly. “We are dealing with an inflationary momentum, and patterns ...
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