1978. Archives - Citizen Watch Report

All-time high since 1978. Last time it was close: 1980. Stagflation. Fed had to go to 20%.

April 13, 2026 2:05 pm

All-time high since 1978.Last time it was close: 1980. Stagflation. Fed had to go to 20%.This time Fed can’t. $39T won’t allow it.Different era. Same pain. — Takul (@TakulMacro) April 13, 2026 Consumer sentiment hits record low, inflation fears rise …

The $3,000 capital loss limit was set in 1978. Still frozen. Should be $15,430 today. Same with dependent care and Social Security brackets. Congress never adjusted.

June 27, 2025 12:37 pm

Some numbers never move. Not because they shouldn’t. Because Congress never bothered. The U.S. tax code is riddled with thresholds that were set decades ago and never indexed to inflation. They sit frozen in time while the cost of everything …