The Vietnam War significantly influenced inflation in the U.S.

economy during the 1970s, creating complex economic challenges.

As military spending surged to support the war effort, it contributed to increased government debt and a rise in demand for goods and services, outpacing supply.

This dynamic initiated inflationary pressures, exacerbated by the oil crisis of 1973, which drastically raised energy prices.

The combination of these factors led to "stagflation," a troubling mix of stagnant economic growth and high inflation, reshaping monetary policy and prompting the Federal Reserve to adopt aggressive measures to stabilize the economy. - https://vietnamfocusguide.com/blog/did-the-vietnam-war-cause-inflation/?unique_id_6he86yid

Exploring the Economic Impact of the Vietnam War: Unraveling Inflationary Pressures in the 1970s U.S