The film
And inflation? From 1980 to 1988, it dropped from an annual rate of 10.4 percent to 4.2 percent, and unemployment dropped from 7 percent to 5.4 percent. When Reagan made clear that he was willing to support a tightening of the money supply to fight inflation, some advisers warned that such a policy might bring on recession. Reagan responded by using the prophet Hillel’s words: “If not now, when? If not us, who?”
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