The Impending Stagflation

The Impending Stagflation
Stagflation or recession-inflation is a situation in which the inflation rate is high, the economic growth rate slows, and unemployment remains steadily high. It presents a dilemma for economic policy, since actions intended to lower inflation may exacerbate unemployment. But we are going to face it, as conditions are ripe for a repeat of 1970s stagflation and the 2008 debt crisis. Watch to know…