What Caused the Great Inflation of the 1970s?

Описание к видео What Caused the Great Inflation of the 1970s?

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In this video, we'll explore what caused the Great Inflation of the 1970s and what policies were put in place to try and fix the situation.

If you're curious about the history of the 1970s, then this video is for you! We'll explore what caused the Great Inflation of the 1970s and how it was fixed. We'll also talk about Paul Volcker and his role in the inflation crisis. Finally, we'll look at stagflation, the economic condition that followed the inflation crisis.

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Credit: Michael Bryan / Federal Reserve Bank of Atlanta (editorial framework)
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