by Wega58
Stagflation is a term used to describe a situation where the economy is stagnating, there is high inflation, and rising unemployment. It’s a bad situation because as the economy slows down, people lose their jobs, and the cost of daily living expenses continues to go up. This creates a double whammy effect, and investments see lower returns. Stagflation has happened twice before in the US, in 1974-75 and 78-82. It’s caused by supply shocks, bad monetary policy, or bad fiscal policy. Supply shocks happen when something goes wrong in the supply chain, and it could be de-globalization or an oil embargo, as it was in the 70s. Bad monetary policy or bad fiscal policy can overpower the recessionary effects and keep stagflation high.
https://twitter.com/futuredude/status/1640398962564775945
Price Inflation is not going anywhere but up for the foreseeable future.
Don't let them fool you… pic.twitter.com/1IbRynaOi6
— Michael T. Maloney (@mtmjr77) March 27, 2023
https://twitter.com/mi53946964/status/1640786619522510848
Gold's long term target to $3,000 mark within 12 to 18 months… pic.twitter.com/Gm7aaIXcsU
— Rashad Hajiyev (@hajiyev_rashad) March 29, 2023