The 1979-1982 period under Volcker experienced the deepest and sharpest economic contraction in post-war US history (prior to COVID), as the shock to inflation expectations and bank behavior forced severe adjustment.
factualpending
Speaker
Hugh HenryEvidence Quote
“1979 to 1982 was uh the deepest sharpest contraction in the US post-war economy. um of course prior to COVID and pandemic.”
Source
Once In A Lifetime Opportunities in Precious Metals, Japan, And AI w/Hugh Hendry— Rebel Capitalist InterviewsCreated: 8/13/2026, 9:56:54 AM
My Notes
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