Stuff You Should Know

What is stagflation?

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Synopsis

When high inflation, slow growth and high employment combine, they result in an unfortunate economic situation known as stagflation. But what exactly is stagflation, and how does it work? Most importantly, how can we prevent it in the future? Learn more about your ad-choices at https://www.iheartpodcastnetwork.comSee omnystudio.com/listener for privacy information.