The Importance of Core Inflation

I've spent a fair bit of time studying the 70s A little a little bit the 40s to see what happened But in the 70s there are three waves of inflation which meant there were three waves of disinflation along the way And obviously they had kept coming back. It was not a problem that that was solved as soon as it started to ebb away um and yeah like even thinking about 2008 we bare sterns went under in March and then it took until the fall for The other shoe to shoes to drop Yeah, I think the labor market is key You know if you look at the 70s a lot of that at least like the first initial waivers and energy crisis And we