MCViewPoint

Opinion from a Libertarian ViewPoint

Stagflation

Posted by M. C. on October 26, 2022

https://en.wikipedia.org/wiki/Stagflation

In economicsstagflation or recession-inflation is a situation in which the inflation rate is high or increasing, 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.

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