Statements (30)
| Predicate | Object |
|---|---|
| gptkbp:instanceOf |
gptkb:historical_event
|
| gptkbp:category |
macroeconomics
inflation 20th-century economic history |
| gptkbp:cause |
oil price shocks
expansionary monetary policy wage-price spirals |
| gptkbp:currency |
gptkb:US_dollar
|
| gptkbp:effect |
economic instability
high inflation rates reduced purchasing power |
| gptkbp:endDate |
1982
tight monetary policy Paul Volcker's policies |
| gptkbp:followedBy |
Great Moderation
|
| https://www.w3.org/2000/01/rdf-schema#label |
Great Inflation
|
| gptkbp:inflationRatePeak |
over 13% (1980)
|
| gptkbp:location |
gptkb:United_States
|
| gptkbp:notableOrganization |
gptkb:Federal_Reserve
gptkb:OPEC |
| gptkbp:notablePerson |
gptkb:Jimmy_Carter
gptkb:Paul_Volcker gptkb:Richard_Nixon gptkb:Arthur_Burns |
| gptkbp:precededBy |
Post-World War II economic expansion
|
| gptkbp:relatedEvent |
gptkb:1979_energy_crisis
gptkb:1973_oil_crisis |
| gptkbp:startDate |
1965
|
| gptkbp:bfsParent |
gptkb:Volcker_Shock
|
| gptkbp:bfsLayer |
5
|