Tag Archives: banking

Our Coming Economic Collapse, Part 3: Our Recent Boom & Bust Cycles

Our Coming Economic Collapse, Part 3: Our Recent Boom & Bust Cycles

The cycle of artificial booms and busts described in Part 2 of this series happened under the Clinton and Bush presidencies.  In the early 1990s, the Funds rate was 8%. By 1993, the year of Clinton’s infamous tax increase, the Funds rate was in the 3% range and the Funds rate stayed in the 4-5%

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