stagflation

So Ive been delving into the depths of the world economy during the 20th century, noting down it's bouts of highs and lows. However, the striking degradation of the American and by extension Western economies during that period of latter 60s and into the 70s was particularly striking in how it...

As it says in the title, How can you break stagflation without Volcker? The base cause for stagflation was, of course, oil prices. They were so high that the price of everything went up. Volcker had many policies that sought to rapidly bring inflation under control, including limiting the...

A FOREWORD 1976 was an election of great change. No, seriously. The US had been through one of the greatest nonviolent ordeals in its history. Faith in government itself was shaken, some would argue irreparably. A party was dead for a generation. All because a previously great statesman...

When he entered office in 1977, Jimmy Carter was a widely popular President. But his hostile relationship with Congress, the faltering economy, the Iran Hostage Crisis, and his poor communication skills caused his support to plummet. In the end he lost the 1980 election in a landslide, leading...

Let’s say that Robert Kennedy defeats Richard Nixon in 1968, and he is able to create a “Peace with Honor” by the end of 1969, with all American troops out of Vietnam by 1970. What would be the economic impact of this? Would the evaporation of war spending lead to a better economy in the 1970s...

If Ford had narrowly beaten Carter in 1976, how would he have handled stagflation, the Iranian Revolution, the push for the Equal Rights Amendment, and other issues that plagued Carter? What do the state of the economy and foreign affairs look like by 1980? And how does American history continue...

Despite the unpopularity of President Johnson, the 1968 election was extremely close and could easily have gone the other way given a 3% shift to the Democrats in a few swing states. If the Democrats win in '68 (whether their candidate is Humphrey or RFK, the only two with a real chance,) they...

In the 1970s and early 1980s, the US economy slowed largely due to what has been called "stagflation", a combination of high unemployment and high inflation. IOTL, Ronald Reagan and Conservatives at large responded to this with Supply-Side economics, and despite the criticisms of "Reaganomics"...

The 70s Stagflation was perhaps one of the greatest economic crises that occurred to the US and the world. In normal recessions, money could be spent to combat it, and in normal inflations, the interest rate could be increased to combat it. Indeed, it was once thought that inflation and...