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What Are Possible Solutions for Inflation?
Our host Myles Bess cuts through the hype and takes a deeper look at the research and facts behind controversial and trending topics in the news.
What Are Possible Solutions for Inflation?
Season 6 Episode 15 | 9m 29s | CC
The last time inflation was really high was back in the late 70s and early 80s. At that time, the Federal Reserve decided to raise interest rates a ton– up to 20%. And this did bring inflation under control BUT it caused massive unemployment and led to a big recession. Are there other ways to stop inflation? And can we do anything now to prevent high inflation in the future?
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