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Part 2 US Battles Inflation Again Great Inflation 1960's to 1980's vs. 2020-21 and counting See Current Political Economy Issues
Beginning Mid 1960's to Mid 80's	Beginning Q4 of 2021 to ?
Worst Inflationary Period: about 9% over 9 years	Worst Inflationary Period: about 6% over 5 quarters and watching
Federal Government Actions 1980's FED Tight Money Caused two recessions Since 1975. COLA tied SS programs to inflation .	Federal Government Actions FED may Tighten President released 180 mil barrels of crud oil
People Actions Many bought wood and coal stoves for inside homes 55 MPH National Speed Limit Odd/Even purchase of gas to eliminate gas stations lines	People Actions
Worst Unemployment 7-10% over 10 years	Worst Unemployment <4% for 5 quarters
Fiscal Actions	Fiscal Actions Trump's $2.2T CARES Act and Biden's $1.9T ARPA Act
Editor's Note: The Great Inflation was solved on the backs of working and elderly whose savings and bond investments bought much less because of high prices.