"Is stagflation back?"

[kanzeon_2040]

I hate this phrase that is popping up in the financial press, because stagflation is a myth, so it can't come back. Everytime you see somebody refer to the 1970s as "stagflation" (a period of stagnant growth and high inflation) you should think, "this person is lying to me." Because the 1970s were a period of higher economic growth than the

Comments

[matrixmann]

Hm... I find, indeed there is a moderate factor similar to the crisis of the 70s