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https://www.youtube.com/watch?v=qQjAbHR40nk&ab_channel=StatelessLiberty https://www.youtube.com/watch?v=SdK_Li6FCic&ab_channel=PhiladelphiaFed What factors contributed to the stagflation of the 1970s? How did Volker deal with the high inflation? Did high oil pricescausethe stagflation or

https://www.youtube.com/watch?v=qQjAbHR40nk&ab_channel=StatelessLiberty

https://www.youtube.com/watch?v=SdK_Li6FCic&ab_channel=PhiladelphiaFed

  • What factors contributed to the stagflation of the 1970s?
  • How did Volker deal with the high inflation?
  • Did high oil pricescausethe stagflation or was it something else?
  • Is the Fed independent? If so, how do our leaders ensure they maintain the best interests of the public?
  • How does Milton Friedman establish his view that inflation is a monetary issue?
  • According to Friedman, do trade unions cause inflation by pushing up wages and the cost of production?

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