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A comment on Inflation climbs higher than expected in June as price index rises 5.4%. Parent comment

Re:Inflation climbs higher than expected in June as price in... by walkedaway on Tuesday July 13, 2021 @08:42PM (#27828090)
The late 70s were brutal. Worse than the late 2000s IMHO. It was so bad, that there was a recession in 1983, and the incumbent President that oversaw that recession - Reagan - won the 1984 election by a landslide because it was way better than the stagflation of the 70s.

Also, I wish it was as low as 7-10% inflation :( https://www.investopedia.com/articles/economics/08/1970-stag...

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