@ky1e
💵 Why prices are rising like in the 70s
After peaking in 2022, developed countries saw inflation slowing down. However, the trend has changed: prices rose to 2.5% in December from 2.1% in September.
History has seen this kind of swing before - after the first decline, don't be seduced.
🔤 Historical parallels with the 1970s
The energy crisis half a century ago caused a prolonged rise in prices: inflation in the US reached 12% in 1974, fell to 5% in 1976, but rose again to 15% by 1980.
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