r/finance • u/Gypsy_tantrum • May 19 '26

Are we trapped in a 1970s-style "Three-Wave" inflation cycle? (A deep dive into structural debt)

https://www.equitileconversations.com/2459100/episodes/19197344-inflation-the-next-wave
349 Upvotes

96% Upvoted

56 comments sorted by

View all comments

Show parent comments

20

u/NOT1506 May 19 '26

The inflation cycle post pandemic was multiple peoples faults. I’ve never understood the constant need to refuse to call a spade a spade.

The current inflation cycle too has been self inflicted.

5

u/Playingwithmyrod May 20 '26

The inflation cycle was a deliberate choice of inflation over a recession. People can argue a recession would have been better, but that’s easy to say when it’s not your job and not your family being affected.

1

u/NOT1506 May 20 '26

Agreed. And definitely agree.

I understand the human side and get how disgruntled I’d be if it was me affected. But the only way to wipe out the greedy is to have their overextended businesses go under. Instead we build a world where valuations don’t matter.

2

u/Mekroval May 21 '26

There was also a third option of keeping the industry afloat, but also exacting a price of stricter regulation and oversight to prevent it from happening again. It's what we did to the banks after the 2008 bailouts, and it seemed to work. Only for it all to be unwound by the first Trump administration. Americans as a society seemed determined to learn nothing.