Most Experts Are Wrong About the Economy
Rich Dad Radio Show: In-Your-Face Advice on Investing, Personal Finance, & Starting a Business
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Mortgage Rates Have Risen at the Fastest Tempo in History
Inflation fell in 19 74, people are still thinking inflation goes on forever. And it did not in th 19 forty either. The next one up is 19 84 we saw r an issue where global trade, there was a huge amount of trade disputes. Interust rates were going up and inflation was high. So vulcar was tightening rates too much, and the economy collapsed. It didn't go to recession because the fed quickly started cutting rates,. But the dollar went up a lot more and crated a lot more. hen we ended up with he plaza record in 19 85 when everybody had to stop the dollar going up from destroying the global economy. We've also got china slowing down
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