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The main problem with the 70s comparison and the reason the inflation subsided eventually, other than the Volcker Rule, is because the U.S. still had a strong r
by Threeve303 5y ago
The main problem with the 70s comparison and the reason the inflation subsided eventually, other than the Volcker Rule, is because the U.S. still had a strong reserve currency after. That will probably change this time and unless the U.S. can find a new China to bring into the financial system... The inflation will likely be getting worse.