Home › Forums › Financial Markets/Economics › Sequestration and the housing market. › That was Paul Adolph Volcker,
That was Paul Adolph Volcker, vowing to kill inflation, (enter OER) at that time as well.
Anything to kill wage inflation including to absolutely destroy the economy.
it was a bad time from in 1980-84.
That was the time CPI was changed to deny any inflation was occurring, it separated asset prices from inflation.
Minimum wage earners have suffered disportionately ever since
