Stagflation is a term used to describe a stagnant economy hampered not only by slow growth but by high inflation as well.[2] While this combination may seem counterintuitive, it proved real during the 1970s and early 1980s when workers in the U.S. and Europe were subjected to high unemployment as well as the loss of purchasing power.
https://www.investopedia.com/ask/answers/09/inflation-vs-stagflation.asp
Didn’t Japan have a whole generation of slump after riding high on their auto exports, etc?