There are also several specific types of price fluctuations in the economy, such as disinflation, reflation and stagflation. |
Less than a generation ago, a large part of the western world was laid low, diagnosed with stagflation. |
It was my disillusionment with the lack of economic opportunities associated with stagflation that politicized me. |
Just as the Depression spawned Keynesianism, and the 1970s stagflation fuelled a backlash, creative destruction is already under way. |
In the US, inflation, unemployment, and interest rates soared, casting the economy into stagflation. |
Today's strong productivity helps protect the economy from the ravages of stagflation because it allows companies to make more with less. |