Formerly About Advanced Micro Devices Message Board

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Politics : Formerly About Advanced Micro Devices

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To: Brumar89 who wrote (902249)	11/25/2015 1:28:24 AM
From: RMF	Read Replies (1) of 1575173

You wrote that to bentway so I didn't see it. I felt rather foolish on that so I went back and studied it a bit. Volcker did tighten monetary policy under Carter, but the BIG jump in rates came in the first 6 months AFTER Reagan was elected. In my research I read that the BIGGEST jump EVER up until that time in the Debt to GDP ratio occurred in the period 1981 to 1993. I think that was Reagan and Bush Sr. Everybody keeps telling me that deficits don't matter, it's only debt to GDP that matters, so the period 1981 to 1993 probably does matter? And not in a good way?

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