The Volcker Shock: How 20% Rates Broke America скачать в хорошем качестве

The Volcker Shock: How 20% Rates Broke America

In 1979, Federal Reserve Chair Paul Volcker walked into the Fed with a plan to “save” the dollar using 20% interest rates – and ended up triggering the most brutal wealth transfer from Main Street to Wall Street in modern American history. Critics argue this wasn’t just inflation fighting, but a controlled demolition of the middle class: over 200,000 family farms lost, countless small businesses bankrupted, and unions broken while big banks and bondholders locked in decades of high returns. The Volcker Shock reset the system, cleared old debts, and opened the door to forty years of falling rates, rising asset prices and a $38 trillion debt machine that now threatens to implode. This documentary follows that pattern step by step so you can see how one “necessary” policy decision in 1979 still shapes every crisis – and every bailout – you’re living through today.