With inflation so high, many are drawing comparisons to the huge inflation we saw in the 1970's. In this video I explain what led up to the "great inflation" of the 1970s as well as what makes the situation back then different from today. Time stamps 00:00 | Preview 00:19 | Memory refresher  00:33 | Misconceptions 00:51 | Factors Leading to 70's Inflation 01:57 | Difference 1 - Stagflation 02:41 | Difference 2 - Market flexibility 03:28 | Difference 3 - Central bank priorities 04:35 | Audience actionMore videos:  Why construction costs are NOT going DOWN! - https://youtu.be/CMxCk-9xkqw  Why Interest Rates Must Rise - https://youtu.be/QqSHo8q-idI Social:  Facebook: https://www.facebook.com/manraj.nijjar11/ Instagram: https://www.instagram.com/manraj.nijjar Tik Tok: https://www.tiktok.com/@manraj.nijjar1 LinkedIn: https://www.linkedin.com/company/the-manraj-nijjar-show Twitter: https://twitter.com/ManrajNijjar1 Podcast: https://manrajnijjarshow.buzzsprout.com/

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