inflation skyrocket

What Caused Inflation In The 80s?

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What Caused Inflation In The 80s? The sharp rise in oil prices pushed the already high rates of inflation in several major advanced countries to new double-digit highs, with countries such as the United States, Canada, West Germany, Italy, the United Kingdom and Japan tightening their monetary policies by increasing interest rates in order to

Did Reaganomics Decrease Inflation?

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Did Reaganomics Decrease Inflation? Did Reaganomics decrease inflation? The inflation rate declined from 10% in 1980 to 4% in 1988. Some economists have stated that Reagan’s policies were an important part of bringing about the third longest peacetime economic expansion in U.S. history. What were the effects of Reaganomics? Reaganomics is a popular term referring