Ronald Reagan: “In 1980, when the money supply was loosened, interest rates…”

On the recordOctober 29, 1982

In 1980, when the money supply was loosened, interest rates skyrocketed.

Said by

Republican · California

Source

Radio Address to the Nation on the Economic Recovery Program

More from Ronald Reagan

Dec 31, 1988

If we ever closed the door to new Americans, our leadership in the world would soon be lost.

Jan 17, 1989

This is a great day.

May 13, 2003

America is the shining city on the hill. Welcome all who enter to follow their dreams.

Jan 17, 1989

Let us always take with us the spirit of vision, skill, and excellence.

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Ronald Reagan: “In 1980, when the money supply was loosened, interest rates skyrocketed.”