You think 🤔 inflation is high now, well after the two World 🌎 Wars yowsher ( made up word).
8.7% n 48.14.36% in 47.
15.62 in 1920.
We had a Great Recession at the end of 1920
Now if my history memory is right we had a recession. Though it didn’t last very long.
The whole point of this exercise is to point out that inflation generally comes after things like war and pandemics. One ( the government) has to be very careful what one does or a worse economic happening will happen.
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