Difference between revisions of "Stagflation"
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(see also Best New Conservative Words) |
(One sign of '''stagflation''' is when bond yields decrease while the value of gold increases, as is occurring in 2011.) |
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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]]. The most recent period of stagflation occurred during the [[Jimmy Carter|Carter Administration]] in the late 1970s. | ||
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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. | ||
== See also == | == See also == | ||
Revision as of 21:12, August 18, 2011
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 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.