12 - When Was US Inflation Last This High?

With inflation so high, many are drawing comparisons to the huge inflation we saw in the 1970's. In this video I explain what led up to the "great inflation" of the 1970s as well as what makes the situation back then different from today. 

Time stamps
 00:00 | Preview
 00:19 | Memory refresher 
 00:33 | Misconceptions
 00:51 | Factors Leading to 70's Inflation
 01:57 | Difference 1 - Stagflation
 02:41 | Difference 2 - Market flexibility
 03:28 | Difference 3 - Central bank priorities
 04:35 | Audience action



More videos: 
 Why construction costs are NOT going DOWN! - https://youtu.be/CMxCk-9xkqw
 
 Why Interest Rates Must Rise - https://youtu.be/QqSHo8q-idI
 

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