
David Hackett Fischer's 'The Great Wave' explores the history of inflation and its profound impact on societies across different eras. The book identifies four major 'great waves' of inflation over the past eight centuries, demonstrating how these economic shifts are linked to broader social, political, and cultural transformations, often preceding periods of crisis and revolution.
one of my favorite books ever is The Great Wave by David hacket Fisher
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"The speaker explicitly mentions 'The Great Wave by David Hackett Fischer' as a book that uses inflation to predict historical crises, directly connecting it to Peter Turchin's models and the discussion about the predictability of societal collapse."





