People were genuinely fearful about the stability of the country during the high inflation of the late 1970s.

factualpending

Speaker

Paul Volcker

Evidence Quote

And people were really fearful about the stability of the country.

Source

Paul Volcker & Ray Dalio | State of the US Economy & GovernmentPrinciples by Ray Dalio
Created: 8/11/2026, 1:16:44 AM

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