On the recordNovember 3, 1984
Those problems were the result of 21 1/2-percent interest rates, of double-digit inflation for 2 years in a row, and of a very ill-advised grain embargo.
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presidency.ucsb.eduRonald Reagan: “Those problems were the result of 21 1/2-percent interest rates, of double-digit inflation for 2 years in a row, and of…”
Editor's note · Context
Remarks and a Question-and-Answer Session With Reporters in Rochester, Minnesota
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More from Ronald Reagan
Dec 12, 1988
We understood the key to prosperity was low-inflationary growth, and we achieved it.
Dec 9, 1988
We have not come this far through lack of strength or any weakness in our resolve, nor has there been anything inevitable about what we've achieved.
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