1. La politización de la Reserva Federal bajo Nixon.
Muchos usuarios señalan la presión ejercida por Richard Nixon sobre el presidente de la Fed, Arthur Burns, como el catalizador de la gran inflación de los años 70.
- The real, sustained inflation i experienced in the 1980s was a direct result of nixon strong-arming fed chairman burns to keep interest rates artificially low.
- Nixon politicizing a rate cut prior to his re-election. Carter paid for it. It took volker 8 years to get inflation under control subsequently.
- Every country where the politicians control the central bank gets short-term benefits followed by long-term disasters.
2. La era de Carter y el trauma de la estanflación.
Se describe el periodo de Jimmy Carter como una época marcada por choques externos de petróleo y una sensación de malestar económico que alteró las expectativas de los votantes.
- Jimmy carter was out of office almost a decade before i was born and ive been hearing about inflation under him my entire life.
- Carter presided over continuing inflation, the fall of iran and the hostage crisis, and the arab oil embargoes. Carter seemed feckless and in the debates came off as a scold.
- Lived through the 70s stagflation. Prices were high while gas lines were long. Americans actually hated it but lived through it.
3. El "Choque de Volcker" y las tasas de interés extremas.
El nombramiento de Paul Volcker y su decisión de elevar las tasas de interés hasta el 20% se recuerda como una medida dolorosa pero necesaria para romper el ciclo inflacionario.
- Paul volcker aggressively raising interest rates to around 20 in the late 70searly 80s to finally break the inflation cycle.
- I remember the painful volcker 18 interest rates for a home loan. So the reagan years were not so great.
- Volckers willingness to inflict pain on the economy to throttle inflation is seen by most economists as a key example of the value of an independent fed.
4. El legado de Reagan y la reestructuración económica.
Existe un debate sobre si Ronald Reagan fue el salvador de la economía o si simplemente se benefició de las políticas de Volcker mientras iniciaba tendencias de desigualdad.
- Reagan didnt bring down inflation. He juiced it with budget busting tax cuts. Paul volcker, not reagan, then imposed sky-high interest rates, sparking recession.
- Reagan won re-election going away because inflation was falling and so was unemployment. Its just the way of the world.
- Low taxes for the rich, defunding state colleges, soaring medical costs all a reactionary response to 1970s inflation.
5. Fracasos de políticas superficiales: El caso de los botones "WIN".
Se mencionan los intentos fallidos de administraciones pasadas para controlar la inflación mediante trucos publicitarios o controles de precios ineficaces.
- Ford tried w.i.n whip inflation now buttons, didnt work carter appointed paul volker to the fed, paul initiated the volker disinflation tool, it worked!
- Nixon put in price controls, what happened ? empty shelves. Work disappeared and we could not find jobs in the summer.
6. Preocupaciones actuales y proyecciones hacia 2026.
Los comentarios reflejan temor ante la posibilidad de repetir los errores de los años 70, citando aranceles y nuevas presiones sobre la independencia de la Fed.
- The inflation is goin to get worse as we go into 2026 as we approach a stagflationary period last experienced in the 70s.
- Experts see inflation wave two approaching, potentially worse than 1970s, households may face soaring prices and tighter budgets.
- Vance will go down in history for being the worst... Bringing record-breaking inflation to the united sates through tariffs.