Stagflation (1 Jan 1973 Jahr – 1 Jan 1982 Jahr)
Beschreibung:
Stagflation in the 1970s combined high inflation with uneven economic growth. High budget deficits, lower interest rates, the oil embargo, and the collapse of managed currency rates contributed to stagflation. Under Federal Reserve Board Chair, Paul Volcker, the prime lending rate was above 21% to reduce inflation.Zugefügt zum Band der Zeit:
Datum:
1 Jan 1973 Jahr
1 Jan 1982 Jahr
~ 9 years