Statements (23)
Predicate | Object |
---|---|
gptkbp:instanceOf |
gptkb:economic_policy
|
gptkbp:affects |
gptkb:Latin_American_debt_crisis
global economy |
gptkbp:authority |
gptkb:Federal_Reserve_Board_of_Governors
|
gptkbp:country |
gptkb:United_States
|
gptkbp:endDate |
1982
|
gptkbp:goal |
reduce inflation
|
https://www.w3.org/2000/01/rdf-schema#label |
Volcker Shock
|
gptkbp:implementedIn |
gptkb:Federal_Reserve
|
gptkbp:method |
raise interest rates
|
gptkbp:namedAfter |
gptkb:Paul_Volcker
|
gptkbp:precededBy |
gptkb:Great_Inflation
|
gptkbp:relatedTo |
gptkb:economic_policy
stagflation |
gptkbp:resultedIn |
economic crisis
high unemployment decline in inflation |
gptkbp:significantEvent |
double-dip recession
prime interest rate reached over 20% |
gptkbp:startDate |
1979
|
gptkbp:successor |
gptkb:Reaganomics
|
gptkbp:bfsParent |
gptkb:Paul_A._Volcker
|
gptkbp:bfsLayer |
4
|