Yesterday, we compared the economic circumstances between the current 2020-21 situation with the economy of the 1970s in Stagflation LOL. For each bullet point in our table, I linked to a FRED chart (or another source where relevant).
I received more than a few requests to assemble all of the charts all in one place, and so you will find them all below.
Normally, I am not a fan of amassing a huge run of charts — it looks like an attempt to overwhelm the readers’ sensibilities or an exercise in confirmation bias. However, for our purposes of comparing the present day with the 1970s, any one of these charts can be reviewed by itself, or in concert with the others. They are a broad assortment of economic data directly related to inflation, wages, and employment.
In my opinion, these reveal a huge difference between the present decade and the decade half a century ago…
Click on charts for full-size version; sources for all can be found here.
Stagflation LOL (November 1, 2021)