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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 [[mandatory spending|entitlement mandates]], then prints more [[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 [[Economic growth|no growth]] through [[mandatory spending|entitlement mandates]], then prints more [[money]] to fulfil those mandates without any increased productivity or employment.
== See also ==
== See also ==