WHY INFLATION WILL LIKELY REIGNITE

Empirically speaking: Oil prices were *not* why we had such persistent stagflation in the 1970s..

Here’s the kicker.. Empirically speaking: Oil prices were *not* why we had such persistent stagflation in the 1970s..

One thing mentioned often enough here is the opinion inflation will remain sticky over the next few (or more) years. That begs the question why.. Here are a couple possible reasons culled from research being done into answering that question.

(Excerpt from a piece being researched now)

Fighting inflation is like rolling up a ball of string in your hand.

One slip and gravity sets you back years re-rolling.it.

Inflation expectations unravel

That’s a comment on inflation expectations/perceptions getting ruined, as opposed to actual data seen.