It’s Not the Seventies
July 06, 2021 at 07:00 AM EDT
By Jared Dillian I get this a lot. People say, “We are experiencing inflation, so stocks should go down! Because that’s what happened in the 1970s.” This isn’t the 1970s. This is a different sort of inflation. What we are experiencing now is a monetary inflation, compounded by big government...