What Is Stagflation? What Causes It and What We ’ve Learned from the 1970s

Here's what you need to know about every central bank's worst nightmare Stagflation is an economic cycle defined by stagnant growth, rampant inflation and high unemployment. It’s a sort of worst-case scenario for a country due to the relative inability of modern economic tools to deal with all its…#monetary #richardnixon #opec #israel #yomkippurwar #shreydua
Source: Reuters: Health - Category: Consumer Health News Source Type: news