Supply Chain Woes From Covid and Crude May Spark '70s-Style Inflation, Economist Stephen Roach Warns - NewsBreak

Economist Stephen Roach is warning that the U.S. may be on a collision course with 1970s-type inflation. The former Morgan Stanley Asia chairman is worried that the impact of energy price spikes on China's struggling supply chain will be the tipping point. Crude oil topped $80 a barrel this week...