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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
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What if you weren't sure you'd legally be able to get a job once you've graduated college?
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Is this the end of the AirBnB era?
Have you heard that inflation is spiraling out of control, that we're in a recession, that
If you read the terms and conditions, you'll discover you don't "own" what you buy.
Did you know what personalized pricing otherwise known as discriminatory pricing is?
2016 looked pretty grim for Millennials, but now that forecast is looking a bit brighter.
Unions seem to be having a bit of a moment. So are unions finally having a comeback?
How do you protect your hard earned money from a bank failure?
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How do the ultra wealthy find loopholes to hide their wealth to avoid a hefty tax burden?
What if you weren't sure you'd legally be able to get a job once you've graduated college?
Tracking all the pros and cons of EV’s can be daunting. You can't make the right choice un
Is this the end of the AirBnB era?
Have you heard that inflation is spiraling out of control, that we're in a recession, that
If you read the terms and conditions, you'll discover you don't "own" what you buy.
Did you know what personalized pricing otherwise known as discriminatory pricing is?
2016 looked pretty grim for Millennials, but now that forecast is looking a bit brighter.
Unions seem to be having a bit of a moment. So are unions finally having a comeback?
How do you protect your hard earned money from a bank failure?