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Two Cents

How High Interest Rates Upended the Economy

Season 7 Episode 2 | 8m 30s

Unless you’ve been living under a rock, you may have noticed prices on the whole started to rise in response to the pandemic causing inflation. There was a similar hike in inflation back in the 80’s. In response, the government raised interest rates quickly and severely causing the nasty side-effect of a crippling recession. After peaking in June of 2022 at 9%, inflation plummeted back down to 3.

Aired: 02/27/24
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Watch • 10:04
Two Cents
How Do Tariff's Work?
Did you know there are a lot of misconceptions about tariffs?
Episode: S8 E1 | 10:04
Watch • 6:51
Two Cents
Will the AI Bubble Burst?
Sometimes the investors can get carried away by new tech.
Episode: S7 E16 | 6:51
Watch • 9:07
Two Cents
Are Dating Apps Worth Paying For?
Can you pay your way to perfect match?
Episode: S7 E15 | 9:07
Watch • 10:17
Two Cents
How to Avoid Medical Debt!
Why is medical debt is the number one cause of individual bankruptcy in the US?
Episode: S7 E14 | 10:17
Watch • 7:49
Two Cents
Should You Invest in Futures and Options?
Is this kind of advanced investing a good option for you?
Episode: S7 E13 | 7:49
Watch • 9:23
Two Cents
Can You Really Make Money Betting on Sports?
How does sports betting affect you?
Episode: S7 E12 | 9:23
Watch • 8:07
Two Cents
Why You Probably Won't Inherit Anything
Will you get any of the wealth from the boomer generation?
Episode: S7 E11 | 8:07
Watch • 7:51
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Should You Sell Your Kidney's for Cash?
Should we be selling our kidneys?
Episode: S7 E10 | 7:51
Watch • 7:00
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How Does Remote Work Affect The Economy?
What are the broader economic costs of remote work?
Episode: S7 E9 | 7:00
Watch • 6:50
Two Cents
Is There a Better Way to Measure the Economy?
Can the Gross Domestic Product be trusted as a measurement tool?
Episode: S7 E8 | 6:50