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![CuriousMrFox101 Avatar](https://lunarcrush.com/gi/w:24/cr:twitter::1635411994240225286.png) Curious Mr. Fox [@CuriousMrFox101](/creator/twitter/CuriousMrFox101) on x XXX followers
Created: 2025-07-23 03:41:09 UTC

Part II: Learning From the Past

In the 1970s, everything in the U.S. got really expensive—like food, gas, and houses—because prices went up a lot, up to XXXX% in 1980, and now in 2025, Jerome Powell is worried the same thing could happen with Donald Trump’s new tariffs. 

This past mess started because the people in charge of money, called the Federal Reserve, made too much money under a guy named Arthur Burns, and President Nixon pushed them to do it to keep people working—just like Trump is pushing Powell to lower rates today. 

Then, oil prices jumped super high because of fights with oil countries in 1973 and 1979, and workers kept asking for more pay, which made prices go up even more, like a big snowball rolling downhill, and today’s tariffs on imports (like XX% on everything and XXX% on Chinese goods) could do the same by making stuff cost more.

 This caused a problem called “stagflation,” where things were pricey but jobs were hard to get—unemployment went to XXX% by 1975. People didn’t trust the government or the Federal Reserve anymore, and borrowing money got crazy expensive at XX% interest by the late 1970s. 

A new boss, Paul Volcker, had to raise rates to XX% in 1981, which made jobs even scarcer (10.8% unemployment), but it finally stopped the price hikes by 1983, showing it’s tough to fix a money mess once it starts. 

Now, in 2025, the current money boss, Jerome Powell, is thinking about those 1970s problems. With prices already a bit high at XXX% (over the goal of 2%), Powell is keeping rates at 4.25%–4.5% to stop another big price jump, learning from the 1970s that it’s better to be careful than to let things get out of control again, especially with Trump’s push for lower rates adding pressure.


XXX engagements

![Engagements Line Chart](https://lunarcrush.com/gi/w:600/p:tweet::1947864537518248281/c:line.svg)

**Related Topics**
[federal reserve](/topic/federal-reserve)
[money](/topic/money)
[tariffs](/topic/tariffs)
[trumps](/topic/trumps)
[donald trumps](/topic/donald-trumps)
[powell](/topic/powell)
[jerome powell](/topic/jerome-powell)
[jerome](/topic/jerome)

[Post Link](https://x.com/CuriousMrFox101/status/1947864537518248281)

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CuriousMrFox101 Avatar Curious Mr. Fox @CuriousMrFox101 on x XXX followers Created: 2025-07-23 03:41:09 UTC

Part II: Learning From the Past

In the 1970s, everything in the U.S. got really expensive—like food, gas, and houses—because prices went up a lot, up to XXXX% in 1980, and now in 2025, Jerome Powell is worried the same thing could happen with Donald Trump’s new tariffs.

This past mess started because the people in charge of money, called the Federal Reserve, made too much money under a guy named Arthur Burns, and President Nixon pushed them to do it to keep people working—just like Trump is pushing Powell to lower rates today.

Then, oil prices jumped super high because of fights with oil countries in 1973 and 1979, and workers kept asking for more pay, which made prices go up even more, like a big snowball rolling downhill, and today’s tariffs on imports (like XX% on everything and XXX% on Chinese goods) could do the same by making stuff cost more.

This caused a problem called “stagflation,” where things were pricey but jobs were hard to get—unemployment went to XXX% by 1975. People didn’t trust the government or the Federal Reserve anymore, and borrowing money got crazy expensive at XX% interest by the late 1970s.

A new boss, Paul Volcker, had to raise rates to XX% in 1981, which made jobs even scarcer (10.8% unemployment), but it finally stopped the price hikes by 1983, showing it’s tough to fix a money mess once it starts.

Now, in 2025, the current money boss, Jerome Powell, is thinking about those 1970s problems. With prices already a bit high at XXX% (over the goal of 2%), Powell is keeping rates at 4.25%–4.5% to stop another big price jump, learning from the 1970s that it’s better to be careful than to let things get out of control again, especially with Trump’s push for lower rates adding pressure.

XXX engagements

Engagements Line Chart

Related Topics federal reserve money tariffs trumps donald trumps powell jerome powell jerome

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