Inflation, War, and Oil: How Today's Crises Are Rehashing the 1970s

Inflation, War, and Oil: How Today’s Crises Are Rehashing the 1970s

Tags: Global Economy, Inflation

05/25/2022 Gunther Schnabl

Persistently loose monetary policies always have negative growth and distributional effects that impair political stability. In extreme cases, there are civil wars and armed conflicts between countries.

Original Article: “Inflation, War, and Oil: How Today’s Crises Are Rehashing the 1970s”

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