Statements (32)
| Predicate | Object |
|---|---|
| gptkbp:instanceOf |
economic crisis
|
| gptkbp:alsoKnownAs |
gptkb:Great_Inflation
|
| gptkbp:cause |
oil price shocks
expansionary monetary policy wage-price spirals |
| gptkbp:consequence |
high unemployment
increased cost of living decline in real wages |
| gptkbp:effect |
economic crisis
stagflation high inflation rates |
| gptkbp:endDate |
1982
|
| https://www.w3.org/2000/01/rdf-schema#label |
1970s inflation crisis
|
| gptkbp:location |
gptkb:United_Kingdom
gptkb:United_States gptkb:Western_Europe |
| gptkbp:notableEvent |
gptkb:1979_energy_crisis
gptkb:1973_oil_crisis |
| gptkbp:notableFigure |
gptkb:Jimmy_Carter
gptkb:Paul_Volcker gptkb:Richard_Nixon gptkb:Arthur_Burns |
| gptkbp:policy |
wage and price controls
tight monetary policy interest rate hikes |
| gptkbp:relatedConcept |
gptkb:Phillips_curve
monetarism stagflation supply shock |
| gptkbp:startDate |
1970
|
| gptkbp:bfsParent |
gptkb:WIN_(Whip_Inflation_Now)
|
| gptkbp:bfsLayer |
7
|