Could 1970s-Style Stagflation Return?

A week into US and Israeli military operations against Iran, where does the conflict stand? GoodFellows regulars Niall Ferguson, John Cochrane and H.R. McMaster discuss the odds of hostilities expanding, what the aftermath of “regime alteration” might resemble, a possible economic backlash should energy prices spike, plus a geopolitical shock felt in Beijing and Moscow.

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