Should We Brace for Upcoming Inflation?

Send us a text Let’s flashback to the 1970’s, a really interesting use-case for economists to explain what the central bank deals with today, the fear of inflation! If you know anyone who was alive during that time, they probably remember the long lines in gas stations! This is because Nixon, in 1971, made oil price increases illegal (Effectively, a price ceiling) and also cut the link of Gold to the dollar, in an attempt to control inflation. The spending on the Vietnam War and Johnson's “G...