Sara CauseyApr 9, 2024

John Wright’s predictions of what would happen with a tight money and high interest rate policy happened. Following Volcker, Alan Greenspan was appointed and led a supposedly booming economy. He also told people that it was impossible to know an economic bubble was happening while it was happening, which is absolutely absurd.

https://medium.com/@sara_causey/turkish-inflation-the-praise-of-paul-volcker-80eb5f3bb7c8

#economy #inflation #thefed #quantitativeeasing #QuantitativeTightening #riggedeconomy #cronycapitalism #turkey #turkisheconomy

Turkish Inflation & the Praise of Paul Volcker - Sara Causey - Medium

“In 1981, the US was in the midst of a second brutal stint of double-digit inflation in less than a decade. Gas prices were through the roof; mortgage rates were sky-high, keeping many middle-class…

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