4 ms·
Stagflation, here we come. (Inflation and high unemployment.). Not seen since the late 70s, IIRC.
by e40 2y ago
Stagflation, here we come. (Inflation and high unemployment.). Not seen since the late 70s, IIRC.
- duxup 2y agoIt would be wild to go all the way from the housing crisis where in response the government spending was going to supposedly create tons of inflation and now and still not running into massive inflation, or even seeing expected economic downturn cycles. And then running headlong into something as insidious as stagflation.
- readthenotes1 2y agoThe government spending in 2009+ did cause tons of inflation - - but it was in the financial and collectible market, not in bread.