The Great Inflation led to a decline in the size of the traditional commercial bank industry.

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The Great Inflation, which occurred from the late 1960s through the early 1980s, led to high interest rates and volatility, making traditional banking less attractive compared to other financial services and instruments. This period saw a decline in the profitability and growth of the traditional commercial bank industry as customers sought higher returns and more innovative financial products elsewhere.

The Great Inflation Led to a Decline in the Size