Why the Fed Won't Let Another 1970s Happen Again

Lance Lambert tweeted through 33 months, the US has already registered 15% inflation this decade. The 1970s had massive wage growth, almost 100%. But inflation was up almost 100%). Then you go to the 90s, it's like 37% wage growth and 34% inflation. The 2010s is even lower. Wage growth is like 27%, but inflation was only 20%. This in the first less than three years, so this isThrough September, inflation to his point is like 15% in change and wage growth is 16%. I guess this is the Fed's conundrum that unfortunately it's very bizarre, but they don't want huge wage growth.