What Is Stagflation?
When high inflation is paired with slow growth or even economic contraction, the cost of living rises faster than peoples’ ability to pay. Left unchecked, stagflation can lead to greater inequality and can increase poverty. It’s a phenomenon that the world has not seen since the 1970s. What is the difference between then and now? Our series "Since you asked" answers. Watch this explainer video and learn more: http://wrld.bg/bq5v50MYBPB
00:00 What is stagflation?
00:13 Stagnation
00:23 Inflation
00:32 Stagflation
00:45 What happened in the 1970s
01:02 Reducing the risks of stagflation
01:26 Learn more
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