Twenty-five years ago, on October 6, 1979, the Federal Reserve adopted new policy procedures that led to skyrocketing interest rates and two back-to-back recessions but that also broke the back of ...
October 15th, 1979 | Vol. 114, No. 16 | U.S. October 15, 1979 Location U.S. Advertisement Advertisement © 2026 TIME USA, LLC. All Rights Reserved. Use of this site ...
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