You are not old enough to remember them all opebo. The one attending killing stagflation from LBJ guns and butter forward was a killer, and in the meantime the stock market in real dollars did something that was in the neighborhood of what happened in the Depression. I was involved with a law firm that collapsed from the early 1990's recession, which hit white collar "industries" particularly hard.
Haha, I wasn't going by personal experience. But they were all incredibly mild compared to non-Keyensian (as in unplanned/unintentional) recessions such as the Great Depression or the current one.
If you are just throttling back on inflation, a recession is no big deal. Sure a few law firms go under, but that's just a side-benefit.