Knowing Your Flations – Part III: Staglation
In the prior two posts we defined and discussed those “flations” that are most commonly known to those in and out of the financial world. The third and least known ‘flation’, Stagflation, is the combination of high inflation and high unemployment accompanied with slow economic growth – an economic situation that is generally avoided. The … More Knowing Your Flations – Part III: Staglation