Let’s compare the 1980 recession to today’s situation. Is it better or worse? First, there are 3 facts you need to know. The value of the dollar goes down when more dollars are printed. Inflation is caused by the value of the dollar going down. Higher interest rates lower inflation but destroys the economy.
1980 Recession vs. Covid Recession
1980 Recession vs. Covid Recession
1980 Recession vs. Covid Recession
Let’s compare the 1980 recession to today’s situation. Is it better or worse? First, there are 3 facts you need to know. The value of the dollar goes down when more dollars are printed. Inflation is caused by the value of the dollar going down. Higher interest rates lower inflation but destroys the economy.