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The Ugly Truth About Inflation (And Why It’s Ruining Your Financial Life)

The Financial Confessions

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The Fed's Induced Recession

Inflation plummeted by the end of 1982, but that victory came at an enormous cost. Unemployment spiked and it hit a peak of about 10.8%. The impact wasn't really felt broadly over all sectors equally. 90% of those unemployed were in blue collar jobs; they've never recovered.

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