#Welcome back to 70s-style stagflation misery thanks to Biden
“#Welcome back to 70s-style stagflation misery thanks to Biden” A feckless Team Biden has set America up for a new round of 1970s-style stagflation. The similarities between then and now are eerie. Seventies stagflation resulted from profligate fiscal policy, politicized monetary policy and food and energy shocks. President Lyndon Johnson’s guns-and-butter decision to simultaneously finance…