The Inflationary Experience of the 19 Seventies

There isn't really a consensus about what drove the price increases of that time. The one thing we can discard as an explanation at this point is the whole monitorist deficit argument, says David Frum. Since 19 90, since the government's been occurrent incurring massive deficits, and we've had this incredibly low inflation,. So it's very hard to look at governicial so basically been an like, you know, the term forever war gets bandied about, but we've been in some sort of, like non stop foreign engagements for seemingly decades, and that hasn't contributed to inflation, ofit.