Sentences with phrase «with rampant inflation»

The country slid into poverty with rampant inflation and the central bank had to produce large denomination notes so that people could pay for basic necessities.

In 1969, the U.S. economy was plagued with rampant inflation and rising interest, while at the same time the U.S. became involved in the Vietnam War.

Not exact matches

Although the country dealt with a series of financial crises and rampant inflation from 1993 to 2002, she says «the last ten years were more stable.»

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.

Truth is, the real economy grows at a 1 - 3 % / year rate in inflation adjusted terms, with a lot of noise, absent rampant socialism, or war on our home soil.

This is somewhat confusing, but rampant inflation is a huge windfall for debtors with fixed rate loans.