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Extra credit.(letters to the editor)(Letter to the editor)
In the February 13 issue, NR praises Alan Greenspan's successful two decades fighting inflation in deficit-prone America, and notes that "his predecessor, Paul Volcker, began the fight against inflation." That's a bit of an understatement. Remember 1980-81, when interest rates hit 18 percent? Volcker's supreme achievement was raising consumer ...
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Source: HighBeam Research, Extra credit.(letters to the editor)(Letter to the editor)