4 ms·
Stagflation ahead. https://www.cnbc.com/2020/03/19/what-comes-after-coronavirus-for-economy-worry-about-stagflation.html https://www.cnbc.com/2020/03/19/what-c
by awaythrower 7y ago
Stagflation ahead.
https://www.cnbc.com/2020/03/19/what-comes-after-coronavirus-for-economy-worry-about-stagflation.html https://www.cnbc.com/2020/03/19/what-comes-after-coronavirus...
Get ready for 'stagflation'
https://youtu.be/6psKnT5a4Gg https://youtu.be/6psKnT5a4Gg
Also, the US unemployment numbers are highly-politicized and manipulated. For one, they fail to account for the labor force participation rate, livable wages, employment hours desired vs. actual, having to work multiple jobs while being unable to save, or not/having healthcare.
- RickJWagner 7y agoI hope not. I remember stagflation from the Carter-era, it was a pretty dismal time.