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What Happened to the Folk Memory of the Eighties?
The vulkar shock of 19 79 is the decision by the jimmy carter appointed pull vulkar as head of the american central bank to raise interest rates sky high. And that crushes a inflation, crushing the economy. In some ways, we've now sort of the folk memory of the eighties is of this kind of cor action. But whenever i read contemporaneous accounts of lik the regan administration, for example, i'm surprised by just how controversial he was.