Welcome to DU! The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards. Join the community: Create a free account Support DU (and get rid of ads!): Become a Star Member Latest Breaking News Editorials & Other Articles General Discussion The DU Lounge All Forums Issue Forums Culture Forums Alliance Forums Region Forums Support Forums Help & Search

Economy

(22,850 posts)

15. Reminds me of Alfred Kahn's description of inflation as "God-awful"

Sat Jun 11, 2022, 10:50 PM

Jun 2022

He was, of course, Carter's inflation czar. - and like today, ballooning corporate profits were partly to blame (at least through '79).

x

Edit history

Please sign in to view edit histories.

0 members have recommended this reply (displayed in chronological order):

17 replies

= new reply since forum marked as read

Highlight:

Powell was so wrong on "Transitory" forecast at140 Jun 2022 #9

Fock CentralMass Jun 2022 #2

As Harry Truman used to say, mahatmakanejeeves Jun 2022 #3

A maxim Trump single-handedly redefined peppertree Jun 2022 #16

My wallet did not find anything bright at the stores last week at140 Jun 2022 #10

Result of unbalanced budgets year after year. at140 Jun 2022 #17

Most of the current inflation is based upon greed and power. Chainfire Jun 2022 #5

This, sadly, is so true. Scrivener7 Jun 2022 #6

+1 CentralMass Jun 2022 #7

I am retired, and my plan this fall is..... at140 Jun 2022 #11

I don't mind gambling. Chainfire Jun 2022 #12

Buy when everyone else is selling at140 Jun 2022 #14

On the brighter side... Get Me Outta Here Jun 2022 #8

Reminds me of Alfred Kahn's description of inflation as "God-awful" peppertree Jun 2022 #15