The Looming Stagflation And Recession Risk; Can It Happen Again?
by Umar Farooq Stagflation happens when the economy experiences stagnant economic progress, high unemployment, and high inflation. It’s a rare situation. A slow-moving economy usually reduces demand enough to keep prices from rising. As workers get laid off, they buy less. As a result, businesses lower prices to attract whatever customers remain. Slow growth in a normal market economy prevents inflation. Source: … Read more