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Inflation in US History: Wars, supply shocks and oil prices have all caused inflation.

Source :
Congressional Digest. Feb2023, Vol. 102 Issue 2, p8-12. 5p.
Publication Year :
2023

Abstract

The article informs on earlier high inflation experiences in U.S. history that may provide insights on how to address high inflation today. It mentions that wars, supply shocks and oil prices have all caused inflation, along with policy options for Congress such as removing fiscal and monetary stimulus; Federal Reserve and interest rate changes; and credit controls.

Details

Language :
English
ISSN :
00105899
Volume :
102
Issue :
2
Database :
Academic Search Index
Journal :
Congressional Digest
Publication Type :
Periodical
Accession number :
161461201