{ "item_title" : "Inflation or Interest Rates?", "item_author" : [" Shad Eddie Mongrue "], "item_description" : "Let prices run, or raise interest rates and slow the economy on purpose? Which path actually stabilizes a country?Every few decades, a nation wakes up to find its money shrinking. Groceries cost more, rent jumps at renewal, and paychecks stop stretching. Governments and central banks then face two painful choices.Inflation or Interest Rates? answers the question with evidence from four real turnarounds: America's Volcker shock of 1979 to 1983, when interest rates topped 20 percentIsrael's 1985 stabilization, which cut inflation near 500 percent to under 20 percent within monthsBrazil's 1994 Real Plan, which worked after six failed attemptsThe U.S. soft landing of 2022 to 2023, which few economists predictedAn epilogue brings the story to September 2026, when a new energy shock and the Federal Reserve's first rate increase since 2023 put the same question back on the table.In clear, plain English you will learn what inflation really is, how interest rates fight it, why credibility and government spending discipline matter, where rate hikes fall short, and what it all means for your savings, debt, and job. Includes a side-by-side comparison, a glossary, and a full list of sources.", "item_img_path" : "https://covers4.booksamillion.com/covers/bam/9/79/817/743/9798177434179_b.jpg", "price_data" : { "retail_price" : "8.99", "online_price" : "8.99", "our_price" : "8.99", "club_price" : "8.99", "savings_pct" : "0", "savings_amt" : "0.00", "club_savings_pct" : "0", "club_savings_amt" : "0.00", "discount_pct" : "10", "store_price" : "" } }

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