October 20, 2021

US Economy Seeing ‘Stagflation,’ Which Rocked the World in the 1970s

  • The ghost of “stagflation” is haunting the US as inflation stays strong and economic growth cools.
  • Stagflation made the 1970s a slog and ultimately brought the post-WWII global economic system to an end.
  • Everyone from investors to everyday consumers is desperate to avoid a repeat of the problem as coronavirus recedes.

Read full article here: www.businessinsider.com