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SEEKINGALPHA.COM · GLOBAL ·

Oil Shocks, Inflation And Why The 1970s Playbook Has Its Limits

As reported by seekingalpha.com
Khanchit Khirisutchalual/iStock via Getty Images By Jim Iuorio “Inflation is always and everywhere a monetary phenomenon.” - Milton Friedman. In the firs...
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The article examines the parallels between current economic challenges, particularly oil shocks and inflation, and those faced in the 1970s. It explores why traditional economic strategies from that era may not be effective in addressing today's unique inflationary pressures and…

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