InflationWe are told that the current inflation numbers are as high as they were in the 1980s.
I lived through that period as an investor as have a few people here. That said, I suspect that most of the people reading this Board were either too young back then to know what was going on or not even born.
Here is a great piece that talks about The Fed and what happened back then. I will leave it to each of you to interpret what those lessons might mean for what is going on today
https://www.federalreservehistory.org/essays/great-inflation