2 ms·
It was a period of what was called "stagflation", economic stagnation combined with inflation. It was supposed to be impossible to have the two happen at once,
by blacksqr 3y ago
It was a period of what was called "stagflation", economic stagnation combined with inflation. It was supposed to be impossible to have the two happen at once, and no one knew what the hell was going on. Gold seems attractive in periods of uncertainty.