C going under?

Quote from makloda:

lol you're joking right? How would people know of the "internet revolution" in 1990? Anyways, here are some headlines of 1990/91. They read just like today's.

"1990 INFLATION RATE OF 6.1 PERCENT HIGHEST SINCE '81"
Lexington Herald Leader - NewsBank - Jan 17, 1991

"Fuel prices boost inflation Rise is highest since '81"
Dallas Morning News - NewsBank - Sep 19, 1990

"Inflation Spiral or Recession: Which Is Worse?"
Los Angeles Times - ProQuest Archiver - Sep 2, 1990

"TOUGH CALLS AWAIT FED INFLATION, RECESSION THREATS LIMIT ACTION"
Roanoke Times - NewsBank - Aug 21, 1990

"1990 inflation hit 9-year high Prospect of war remains a question"
Milwaukee Journal Sentinel - NewsBank - Jan 16, 1991

"A 1990 recession could be deep and painful. Most economists agree that the record borrowing binge of the 1980s has left the U.S. economy's private sector singularly unprepared for tough times. Worse still, the Government's fiscal profligacy in those years has drained it of any reserves that could be used to counter recessionary forces." Time Magazine, Monday, Feb. 12, 1990
More...

Why do I like these kind of headlines....:confused: :p :D
 
those headlines are basically the start of this whole mess. easy al went to work.

instead of doing his job to control money supply, he abused his power to pump liquidity into the system in an attempt to control the boom and bust cycle.
 
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