The Dig: Inflation Politics with Tim Barker
Jacobin Radio
00:00
What Are the Causes of 1970s Inflation?
What were the actual existing causes of inflation at the time? Where did or did rising wages factor in? And then how did this consensus emerge to blame it entirely on wages? No one has really come to a definitive answer, but Volcker is willing to entertain that there might be a variety of causes.
Play episode from 38:25
Transcript
