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Home | Mises Library | Inflation, War, and Oil: How Today's Crises Are Rehashing the 1970s

Inflation, War, and Oil: How Today's Crises Are Rehashing the 1970s

Audio Mises Wire

Tags Global EconomyInflation

05/25/2022Gunther Schnabl
Narrator: 
Michael Stack

Persistently loose monetary policies always have negative growth and distributional effects that impair political stability. In extreme cases, there are civil wars and armed conflicts between countries.

Original Article: "Inflation, War, and Oil: How Today's Crises Are Rehashing the 1970s"

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Author:

Contact Gunther Schnabl

Gunther Schnabl is a professor of international economics and economic policy in the department of economics at Leipzig University, Germany.

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Original Article: 
Inflation, War, and Oil: How Today's Crises Are Rehashing the 1970s