The Fed's Battle With Inflation Is Not a New Battle

It's a monetary showdown that the fed is going to losea looking at where inflation is and how begrudgingly they're trying to pull rates up from near zero. There the defet is caught between a rock and a hard spot. Inflation battles start heating up in the sixties and seventies, but it wasn't until paul volker in the ni 19 81, 82 recession basically broke the back of inflation. The fed is behind the eight ball. They're the curve.