1970s
The U.S. was plagued by inflation through the '70s -and then came the Carter-era oil shock. Fed chief Paul Volcker finally choked inflation with high interest rates.
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Last updated April 20 2009: 10:04 AM ET
The U.S. was plagued by inflation through the '70s -and then came the Carter-era oil shock. Fed chief Paul Volcker finally choked inflation with high interest rates.
NEXT: Today
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