[Deutsche Bank: Current Global Energy Trends 'Strikingly Similar' to the Stagflation Nightmare of the 1970s] BlockBeats News, March 10 – Jim Reid, Head of Research at Deutsche Bank, stated in the latest research report that the current trajectory of the global energy market bears a 'striking similarity' to the macroeconomic patterns before the second oil crisis of the 1970s: both storms occurred 4-5 years after an inflation explosion, and both had their epicenter pointing to Iran. The report noted, 'Whether history repeats itself depends entirely on the duration of this conflict.' However, Deutsche Bank pointed out that in the late 1970s, inflation expectations spiraled out of control, and the second oil shock ignited a 'wage-price spiral,' forcing central banks to adopt aggressive monetary tightening policies. Today, even after the inflation surge of 2022-23, long-term inflation expectations remain exceptionally stable. (Wall Street Insights)