Part 1 of this article raised issues with the “Great Inflation” narrative as recalled by several experts. Various problems exist with trying to understand just how bad the price increases were 50 years ago, whether statistical or anecdotal evidence are used. Despite several issues, the point of.
Part 1 of this article raised issues with the “Great Inflation” narrative as recalled by several experts. Various problems exist with trying to understand just how bad the price increases were 50 years ago, whether statistical or anecdotal evidence are used. Despite several issues, the point of contention is the idea of the Fed being responsible for resolving (price) inflation of the 70’s.