A Foolish Take: What's the Matter With Inflation?
One of the most fundamental relationships in all of economics -- between the unemployment rate and inflation -- appears to be broken.
Historically, these metrics have tended to be inversely correlated. When unemployment was low, inflation was high, and vice versa.
This relationship was especially robust in the 1970s, which saw inflation twice surge into the double digits due to skyrocketing oil prices that, in turn, had been triggered by energy crises in 1973 and 1979.
Source: Fool.com
