Episode 26: Is Today's Inflation More Reminiscent of 1970s Inflation or 1940s Inflation? We Present a Contrarian View
Update: 2022-03-31
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- We are indeed experiencing the highest inflation since the early 1980s, which really had its roots in the 1970s.
- Still, conditions in this decade are very different from 50 years ago.
- After WWII, higher inflation resulted from manufacturing disruptions, rebounding demand for consumer goods, and soaring money growth... Sound familiar?
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