Evidence that the Phillips Curve has never been true, even in the 1970s: https://paulkrugman.substack.com/p/stagflation-revisited https://paulkrugman.substack.

Evidence that the Phillips Curve has never been true, even in the 1970s: https://paulkrugman.substack.com/p/stagflation-revisited https://paulkrugman.substack.com/p/stagflation-revisited