History Replay
The Great Inflation & Oil Shocks (1970s)
Loose money, the end of the gold standard and two oil shocks produced a decade of high inflation and weak growth — stagflation.
Choose a period
Loading…
Loading 150 years of data…
Gray bands = official recessions (NBER). Orange dots = key events. Stepped lines are annual averages. Data sources
🌍 Global context: the world’s largest economies
Gross domestic product in current U.S. dollars, 1960–2023 (World Bank). The orange line follows the year you are replaying. Click a country to show or hide it.