[for-q-clinton]

If inflation recedes and the Fed is seen as being able to respond to a recession with lower rates,

This makes no sense. Inflation won't recede unless the Fed raises rates to double digits. Just like in the early 80s.

[Angelino97]

Inflation won't recede unless the Fed raises rates to double digits. Just like in the early 80s.

I remember there was a recession in 1982. Democrats used it during their midterm campaigns against Reagan's economic reforms. The Dems said we needed a change.

Reagan's official campaign slogan for the '82 midterms was "Stay the course." We did, and the economy improved.

[LouAvul]

Which, as with the early 80s, collapses the economy. But it’s inevitable, assuming we actually correct inflation.

[frogjerk]

The only way to cure inflation according to Milton Friedman is for Washington to stop spending and stop printing money. It's that simple. We all know that is not going to happen with this lot we have now.

While increased production can help reduce inflation it is in orders of magnitude too small to make a big difference. Also, he stated the FED is confused in their job. Their primary charge is to control the supply of money not to manipulate interest rates.

[PIF]

unless the Fed raises rates to double digits. Just like in the early 80s.

—
Then its time to move you money into a savings account where you could make 20%