To: Yo-Yo
Didn’t this use to be known as ‘stagflation’?
6 posted on
06/14/2010 7:46:43 AM PDT by
Freddd
(CNN is down to Three Hundred Thousand viewers. But they worked for it.)
To: Freddd
Didn’t this use to be known as ‘stagflation’?
No. Stagflation is inflation paired with a stagnant or recessionary economy. Lack of activity, plus inflation, usually implies high unemployment.
8 posted on
06/14/2010 8:16:18 AM PDT by
Dr. Sivana
(There is no salvation in politics)
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