@gominingpromo: Since 1970, inflation has followed a turbulent path shaped by oil shocks, monetary policy shifts, globalization, and technological transformation. The 1970s were marked by “stagflation,” a rare mix of high inflation and stagnant growth, fueled by surging oil prices and loose monetary policy. Central banks responded in the early 1980s with aggressive interest rate hikes, particularly in the United States under Federal Reserve Chairman Paul Volcker, which tamed inflation but triggered recessions. From the mid-1980s through the early 2000s, inflation stabilized at relatively low levels amid globalization, increased productivity, and tighter monetary frameworks. However, post-2008 policies of ultra-low interest rates and quantitative easing introduced new dynamics, and the COVID-19 pandemic further disrupted supply chains and demand patterns. By the early 2020s, a mix of massive fiscal stimulus, supply bottlenecks, and geopolitical tensions reignited inflation to levels not seen in decades, reminding policymakers and consumers that price stability is never guaranteed. #InflationHistory #EconomicTrends #PriceStability #GlobalEconomy #MonetaryPolicy #Stagflation #OilCrisis #InterestRates #FinancialHistory #InflationInsights #EconomicGrowth #GlobalMarkets #PriceFluctuations #EconomicPolicy #CostOfLiving

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