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STAGFLATION
Stagflation is an economic situation in which inflation and economic stagnation occur simultaneously and remain unchecked for a period of time. This is significant because, in postwar macroeconomic theory, inflation and recession were regarded as mutually exclusive, and also because stagflation has generally proven to be difficult and costly to eradicate once it gets started. For example, in 2008, the Federal Reserve made rate cuts to fight the credit crisis, causing commodity prices to soar.
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Alan Greenspan , Robert Rubin , and Lawrence Summers with a headline labeling the trio "the committee to save the...
...of acceptance in the Economic Journal or American Economic Review. ... began against the backdrop of the oil shock...
Anyone for a little stagflation?
Rothbard begins by pointing to the rise of stagflation, and the ... Unfortunately, businessmen are the victim of an...
If the USD cracks under the weight of stagflation, the countries with the USD currency boards, China, Venezuela, and...
And yet, as Christina Romer, head of the president’s Council of Economic Advisers, said Monday, the measure has barely...
...be seen by many as die-cast confirmation that the world economy is plummeting towards an economic and corporate...
Risks run heavily to the downside.
Asia head Stephen Roach believes that Asia will weather the economic storm with a ... Related posts. Stephen Roach:...
As the global economy slows and Congress relies more on the Fed to finance a huge deficit, there is a very real danger...
Top Sources: Stagflation
- BusinessWeek
- The Huffington Post Full Blog Feed
- Economist's View
- LeftWord: The Best Liberal Blog Posts
- Dismal.com: Analysis, Global
- FreedomWorks
- How to be Rich, Happy and Free from Scams
- Gawker
- EconLog
- Matthew Yglesias
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