What is the true nature of inflation: what are the differences between the 1970s and today?

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Chapter 1: The Monster of "Inflation" that Everyone Misunderstands

Inflation.
For traders, it is the most difficult enemy to handle, and also the greatest opportunity.

Prices rise. If that's all, the economy looks good.
But when it takes the form of "wages not rising" and "real interest rates staying negative," the market becomes tumultuous.
And central banks are forced to choose: "kill growth or kill inflation."

In the 1970s, America stood precisely at that crossroads.
And now, we are once again faced with a similar crossroads.
However, with different weapons, different enemies, and in a different historical context.

In this article, we will deeply examine how to face the market by comparing the stagflation of the 1970s with the modern inflation environment.

Inflation in the 1970s: The Greatest Economic Trial Since World War II

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