Kind of similar to 1948-1950 scenario. Huge supply shock from a war like scenario where govs locked down huge parts of the economy. Pent up demand finally released leading to inflation, but with gov sector stepping back and rates going up a recession happened basically straight after but was pretty mild.
Kind of similar to 1948-1950 scenario. Huge supply shock from a war like scenario where govs locked down huge parts of the economy. Pent up demand finally released leading to inflation, but with gov sector stepping back and rates going up a recession happened basically straight after but was pretty mild.