Sentences with phrase «digit inflation»

However, with the economy nearing full employment, easy money could set off a wage - price spiral reminiscent of 1970s double digit inflation.

However, today most individuals are of the opinion that rising cost of the treatment and double - digit inflation in healthcare may wipe out their savings.

The worst year to retire turned out not to be 1929 but 1969, just before the double - digit inflation of the 1970s.

You're staring down the barrel of double - digit inflation rates, and unemployment statistics are showing numbers that have never been higher.

That's not to say that we can't ever see a period of double - digit inflation again — of course, that remains a possibility.

I'm 61 and I've seen double digit inflation and won't be surprised to see it again.

Incompetence is how the NPP pursued aggressively the attainment of single digit inflation and was to reach it for 8 long years except for one short month.

The folks who financed the Vietnam War deficits got burned the worst — the triumphant return of double - digit inflation swindled them out of nearly a third of the return they were owed from their US Treasury bonds.

But in fact Chair Yellen and her colleagues on the Federal Open Market Committee have already baked double digit inflation into asset prices.

Critics of President Nicolas Maduro's socialist government point to the administration's own missteps for the country's spiraling quadruple digit inflation, making common goods too expensive for most residents.

If you had elected this same $ 2000 per month payment in 1970, by 1980 the equivalent payment would only have been $ 1008, because of the double digit inflation during this period.

Reagan and Federal Reserve Chairman Paul Volcker took on double - digit inflation with double - digit interest rates, inflation was pronounced dead, striking air controllers were simply fired in a no - nonsense way, and the Reagan years generally got high marks.

Notwithstanding the impact of Naira devaluation and double digit inflation in Nigeria and a number of other African countries where UBA operates, the Group managed through its cost lines to deliver a sterling Profit Before tax (PBT) ofN57.5 billion, representing a significant growth of 65.5 percent over N34.8 billion recorded in the corresponding period of June 2016.

Prices are inching up from recent years, although, nothing like the double digit inflation rates of the 1980's.

For example, the double - digit inflation of the 1970's was caused by banks keeping interest rates low in an attempt to stimulate a weak economy, at a time when imported inflation from the oil shock was high (leading to stagflation).

I expect the next bear market to be accompanied by mid-high single digit inflation.

(Under Buhari we are again at double digit inflation rate).

We had double - digit inflation and double - digit unemployment.

Vietnam was once billed as Asia's next economic tiger, but double - digit inflation, a ballooning trade gap, tumbling share prices and banking sector concerns have dampened expectations to a large degree.

Double - digit inflation is Turkey's most pressing economic problem, and a growing worry for President Tayyip Erdogan and his ruling AK Party as they head into elections on June 24.

The first was from 1980 to» 82, when Federal Reserve chairman Paul Volcker raised interest rates to crush double - digit inflation and the U.S. economy experienced two closely spaced recessions.

Venezuela's oil production plunged last year to the lowest in decades as Maduro's socialist government contended with quadruple - digit inflation, a contracting economy and social unrest.

We are not suggesting that we should brace for double - digit inflation in the near future; a partial correction of velocity and money multipliers toward historical norms is plausible, however, and would put additional pressure on inflation, complicating the normalization of monetary policy.

During the last century, all countries in the study at some point experienced deflation and double - digit inflation.

In the 1970s, it was exactly this type of double - digit inflation that set the stage for the high real returns realized after 1980.

The bank's reluctance to aggressively tighten policy in the face of double - digit inflation has increased concern that it is under pressure from Turkish President Recep Tayyip Erdoğan.

That doesn't mean that some kind of triumph in Iran wouldn't have helped Carter (though that wouldn't have helped double digit inflation.)

We are after all the party with the best record in terms of having the longest sustained period of single - digit inflation.

The fundamental conditions that CAUSED double - digit inflation in the 1970s no longer exist.

And therefore, if we experience double - digit inflation in the next decade, there's no reason to expect the price of gold to behave the same way it did during the 1970s.

That century included global war, double - digit inflation, deflation, booming prosperity, recession and depression, currency devaluation, sovereign defaults, high interest rates, low interest rates, asset bubbles, terrorist attacks and disco.

That includes even the worst periods spanning the Great Depression and the double - digit inflation of the 1970s.

But that included periods of double - digit inflation and steadily declining interest rates, two things we're not likely to see in the decade ahead.

Double - digit inflation could quickly follow...

Double - digit nominal interest rates on savings accounts were commonplace but so was double - digit inflation; prices increased by 11.3 % in 1979 and 13.5 % in 1980.

The first hand history of monetary policy in the US that economists and bankers can personally recall goes like this: 1970s saw rampant double digit inflation, Paul Volcker saved the economy and the Fed by ending inflation with a deep recession, setting the stage for two decades of economic growth and all was fine until home price inflation spooked the Fed and led to the financial crisis.

The oil shock, the double - digit inflation in the US, and a drop of 50 % in the US stock market made businesses look harder for ways to manage risk and insure themselves more effectively.

After the bear market of 1973 — 74, and the double - digit inflation of the late 1970s, thousands of U.S. public companies were selling below breakup value.