Inflation is nowhere near when it was in double digits and it took a recession/depression to bring down in 1975 and 1982. Before Nixonomics 3% was considered high, but economic growth spread throughout the economy, not just to the corporations and the rich, so a mild downturn took care of it. Before Reaganomics, it all depended upon growth. I found a pattern in 1979 in which one could predict inflation two years later which I revealed in LinkedIn a decade ago, but since Reaganomics, it is now irrelevant.
Inflation is nowhere near when it was in double digits and it took a recession/depression to bring down in 1975 and 1982. Before Nixonomics 3% was considered high, but economic growth spread throughout the economy, not just to the corporations and the rich, so a mild downturn took care of it. Before Reaganomics, it all depended upon growth. I found a pattern in 1979 in which one could predict inflation two years later which I revealed in LinkedIn a decade ago, but since Reaganomics, it is now irrelevant.