For the past three and a half decades, the principal shocks have not been inflationary, like the 1973 and 1979 oil crises, but rather deflationary, like the US savings and loan crisis in the 1980s and 1990s, the 1997 Asian crisis, the 2000 dot-com bust, the terrorist attacks of September 11, 2001, the 2007 subprime collapse that began in the US, and the 2010 European debt crash.
C'est une inversion de tendance, puisque dans les années 1980 on pouvait raisonnablement s'attendre à ce que la prochaine crise macroéconomique aux USA soit inflationniste.