Recent data shows stagflation, stagnant growth and price inflation, is possible as economy shaken by uncertainty

Good news, everybody!

It’s a strange time for the US economy. Prices are rising, jobs growth has stalled, uncertainty is everywhere and stock markets have soared to record highs. Against this background a scary word last used in the 1970s is being uttered again: stagflation.

  • TehPers@beehaw.orgEnglish
    2·
    3 days ago

    “You’re going to see job numbers like our country has never seen.” [- Trump]

    Can’t wait to see what that looks like. We’re talking like 40% unemployment? 50%?