Inflation Politics with Tim Barker
The Dig
00:00
The Beginning of Secular Wage Stagnation
During world war too, the us. Government used wage and price controls to not only maintain price stability,. e ward off inflation, but they did that and achieved explosive economic growth. By the late 19 seventies, there's a big, widespread concern that profits are not high enough, right? So as crazy as it sounds to us now, after decades of neal liberalism, the idea that there might be some kind of other way... was not at all foreign at the time.
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