No. of Recommendations: 6
......other.....Carter and Volcker finally put the brakes on inflation when they jacked the prime to 19%........that was some bitter medicine, but when it finally took hold in '81, it set up the bull market that ran thru the 90s......BTW, to those folks who weren't in the labor force in the 70s, it was very tough......one year I worked hard as hell and increased my income by 6%, but inflation was 9%; so I ended up down 3% for the year.

the beat goes on.....
Stonewalls
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