Stagflation

[JohnyMac]

You are going to hear and read a bunch in 2022 about stagflation. Being proactive let's chat about what it is. Here is the official definition from the American Heritage 5th edition dictionary.

stagflation
stăg-flā′shən
noun
1) Sluggish economic growth coupled with a high rate of inflation and unemployment.
2) Inflation accompanied by stagnantgrowth, unemployment or recession.
3) a period of slow economic growth and high unemployment (stagnation) while prices rise (inflation)

Investopedia has a great article worth your time to read.

KEY TAKEAWAYS

Stagflation refers to an economy that is experiencing a simultaneous increase in inflation and stagnation of economic output.

Stagflation was first recognized during the 1970s when many developed economies experienced rapid inflation and high unemployment as a result of an oil shock.

The prevailing economic theory at the time could not easily explain how stagflation could occur.

Since the 1970s, rising price levels during periods of slow or negative economic growth have become somewhat of the norm rather than an exceptional situation. - Investpedia

Stay tuned 

[Nemo]

Stay tuned 

And stock up.

Nemo

[pkveazey]

I've done a bit of reading up on Deflation, Shrinkflation, Stagflation, and Inflation. I pretty much have a handle of what each means. With what I see coming over the horizon, I have a new one for you and its called "WE'RE SCREWED FLATION".

[JohnyMac]

PKv