2min chapter

The Compound and Friends cover image

The Battle to Remain Bullish

The Compound and Friends

CHAPTER

Is There a Recession?

Hasia: We've never seen this before. In the three soft landings since world war two, 19 65, 19 84, 19 94, the fed wasn't trying to push inflation down. At times like the present, when inflation was too high and the fed set out to push it lower, a recession always occurred. People forget that our country's economy in the 19 thirties was primarily agricultural. The intenit ip os world in 97 is when it really got gone.

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