If this is the 1970s: Then the Date is 1 November 1973 – Fat Tail Daily
Are we living in the 70s? I can’t tell you, I wasn’t there, but it’s an interesting analogy. The fear of inflation, the eroding value of cash, and now spiking oil prices. Of course, nothing can repeat exactly. The event that’s said to have launched hyperinflation in the 1970s, the Yom Kippur War, only lasted…