Stagflation redux can be prevented with smart policy – POLITICO

Joachim Nagel is the President of the Deutsche Bundesbank. Flashy wallpaper, corduroy flares, long sideburns, disco and punk. The 1970s were a raucous, “in your face” decade. And for many, this decade is still attractive. Revivals come up again and again, whether in fashion or music. Economically, however, the 1970s were a difficult decade, plagued … Read more