Episode #175 - The Truth About Stagflation
2 years ago
25
Stagflation
stagnation
economics
econ 101
supply and demand
unemployment
equation of exchange
labor force participation
Money supply
velocity of money
When Resident Biden came into office, the economy was set for a rebound as it came out of the Covid coma!
All the guy had to do was . . . NOTHING!!! Instead he (or whoever is really running the country) decided to only pursue policies that detrimentally impact the economy. This has resulted in something called "stagflation.”
In this episode we examine what that is, when we last experienced it and what can be done to rectify the situation.
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