Uncertainties give businesses lots of reasons to at least postpone investment decisions. On the persistence of inflation I am not so sure. The reason the inflation of the 1970s persisted was not just ...
Torsten Slok has been turning heads on Wall Street with his charts for years, since he was at Deutsche Bank and continuing on into his current role at Apollo Global Management. His market analysis ...
Think food prices are terrible today? This isn’t the first time Fairbanks has felt the pinch at local grocery stores. In the mid-1970’s the United States was suffering from rising inflation rates that ...
On Thursday, in a post on X, Economist Peter Schiff warned that, together, the policies of President Donald Trump and the potential interest rate cut by the Federal Reserve next week, “will be the ...
From a fractured trust in institutions and widening wealth divides to the emergence of new consumer identities, the generational whiplash of the 2020s has reignited cultural and economic currents that ...
Compare the cost of a night out in the '70s versus today, from dinner and drinks to dancing and a comedy show.
Policymakers cling to a 1970s consumer-price index formula that overstates cost increases and drives up automatic spending.
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