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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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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
Watch • 6:58
Two Cents
How "Learn to Code" Backfired on a Whole Generation
Is a humanities degree worth it?
Episode: S8 E11 | 6:58
Watch • 8:14
Two Cents
Is the Dollar Losing Value?
How does the dollar's value impact us?
Episode: S8 E10 | 8:14
Watch • 6:18
Two Cents
How "No Tax on Tips" Could Backfire
Should we tax tips?
Episode: S8 E9 | 6:18
Watch • 6:38
Two Cents
How To Protect Your Parents From Scams
Why people fall for financial scams.
Episode: S8 E8 | 6:38
Watch • 6:37
Two Cents
10 Ways to Lower Your Car Insurance Premiums
How to lower your car insurance!
Episode: S8 E7 | 6:37
Watch • 10:44
Two Cents
3 Steps to a Bulletproof Budget Steps to a Bulletproof Budget
Knowing your income and expenses is just the beginning...
Episode: S8 E6 | 10:44
Watch • 7:04
Two Cents
Who's Gonna Stop the Scammers?
Be extra vigilant!
Episode: S8 E5 | 7:04
Watch • 7:53
Two Cents
Are We Headed for a Recession?
Are you ready financially?
Episode: S8 E4 | 7:53
Watch • 6:40
Two Cents
How Cheap TVs Are Making Health Care More Expensive
How TVs and healthcare actually related!
Episode: S8 E3 | 6:40
Watch • 6:50
Two Cents
Should We Have Salary Transparency?
New laws surrounded salary transparency could impact the leverage some workers have.
Episode: S8 E2 | 6:50