5 ms·
This is actually quite interesting, because the timeline for the massive inflation in the US during 1980s (which was solved by Volcker, RIP) roughly lines up wi
by rollerboi 7y ago
This is actually quite interesting, because the timeline for the massive inflation in the US during 1980s (which was solved by Volcker, RIP) roughly lines up with the upswing in labor participation rate among women: https://i0.wp.com/www.brookings.edu/wp-content/uploads/2017/10/es_110117_01_labor_force_participation_prime_age_women_oecd_countries.jpg?w=768&crop=0%2C0px%2C100%2C9999px&ssl=1 https://i0.wp.com/www.brookings.edu/wp-content/uploads/2017/...
Of course correlation =/= causation, but perhaps it was one of the contributing factors to the 10+% inflation rates of the late 70s early 80s.