61. 1/15/1979

“…in January 1979 Islamic fundamentalists overthrew the shah of Iran, and the second oil crisis began. As gas lines formed that summer owing to gasoline price controls, the economy started to spiral toward another recession and inflation crossed again into the double-digit range, hitting 12 percent by fall.” [The 15th of the month used for date sorting purposes only.]

 – Alan Greenspan, The Age of Turbulence, Page 82

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