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Does anyone well versed in economics see a big similarity between [1960s & 2010s] / [1970s & 2020s]? It seems super similar in terms of social protests & inflation that followed immediately after

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It's closer in similarity to 1946/47, where there was a massive shift in consumer habits because of an external event.

Can it be reversed? Or what reversed it the previous times it happened? Do we just wait for consumer behavior to shift back and whatever the Fed does it doesn't matter?

Consumer behavior is fine. Consumer sentiment isn't but improved a bunch since last year.

It's irrational malaise

And 1920s/1930s.

Edit: all three are inflationary expansion followed by hangover.

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