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One sign of '''stagflation''' is when bond yields decrease while the value of gold increases, as is occurring in mid-2011.
One sign of '''stagflation''' is when bond yields decrease while the value of gold increases, as is occurring in mid-2011.
Stagflation is not a failure of [[capitalism]]. It is a failure of government and the Federal Reserve Board which created the conditions of no growth through entitlement mandates and prints money to fulfil those mandates without any increased productivity or employment.
Stagflation is not a failure of [[capitalism]]. It is a failure of government and the Federal Reserve Board which created the conditions of no growth through entitlement mandates, then prints more money to fulfil those mandates without any increased productivity or employment.
== See also ==
== See also ==