100 WVIA Way
Pittston, PA 18640

Phone: 570-826-6144
Fax: 570-655-1180

Copyright © 2025 WVIA, all rights reserved. WVIA is a 501(c)(3) not-for-profit organization.
Play Live Radio
Next Up:
0:00
0:00
0:00 0:00
Available On Air Stations
STAND WITH WVIA: Federal Funding Is Cut, Click Here To Support Our Essential Services Now.

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
Extras
Should we tax tips?
Why people fall for financial scams.
How to lower your car insurance!
Knowing your income and expenses is just the beginning...
Be extra vigilant!
Are you ready financially?
How TVs and healthcare actually related!
New laws surrounded salary transparency could impact the leverage some workers have.
Did you know there are a lot of misconceptions about tariffs?
Sometimes the investors can get carried away by new tech.
Latest Episodes
All
  • All
  • Two Cents Season 8
  • Two Cents Season 7
  • Two Cents Season 6
  • Two Cents Season 5
  • Two Cents Season 4
  • Two Cents Season 3
  • Two Cents Season 2
  • Two Cents Season 1
Should we tax tips?
Why people fall for financial scams.
How to lower your car insurance!
Knowing your income and expenses is just the beginning...
Be extra vigilant!
Are you ready financially?
How TVs and healthcare actually related!
New laws surrounded salary transparency could impact the leverage some workers have.
Did you know there are a lot of misconceptions about tariffs?
Sometimes the investors can get carried away by new tech.