Difference between revisions of "Stagflation"
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| − | '''Stagflation''' is a combination of the words "[[stagnation]]" and "[[inflation]]." It is a term used by economists to describe a situation where high inflation and low growth combine to produce high [[unemployment]]. The most recent period of stagflation occurred during the [[Jimmy Carter|Carter Administration]] in the late 1970s. | + | '''Stagflation''' is a combination of the words "[[stagnation]]" and "[[inflation]]." It is a term used by economists to describe a situation where high inflation and low growth combine to produce high [[unemployment]] with a rising cost of living. The most recent period of stagflation occurred during the [[Jimmy Carter|Carter Administration]] in the late 1970s. |
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. | ||
Revision as of 11:20, December 13, 2018
Stagflation is a combination of the words "stagnation" and "inflation." It is a term used by economists to describe a situation where high inflation and low growth combine to produce high unemployment with a rising cost of living. The most recent period of stagflation occurred during the Carter Administration in the late 1970s.
One sign of stagflation is when bond yields decrease while the value of gold increases, as is occurring in mid-2011.