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A comment on Inflation Appears to Be Over. Parent comment
- 1981-1982 recession, caused by the oil crisis a few years before, had 10.8% peak unemployment
- The Great Recession (again, there was deflation here) with 10% peak unemployment.
- COVID, which had a 14.7% peak unemployment for a few months before the US made a smooth landing.
That's it.
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- 1981-1982 recession, caused by the oil crisis a few years before, had 10.8% peak unemployment
- The Great Recession (again, there was deflation here) with 10% peak unemployment.
- COVID, which had a 14.7% peak unemployment for a few months before the US made a smooth landing.
That's it.