stagflation

It’s a phenomenon—stagflation—that the world has not seen since the 1970s.

Economist Stephen Roach warned last year that the world is a busted supply chain away from stagflation.

Financial markets are caught between between stagflation worries and hopes that gross domestic product will pick up speed, said Alberto Gallo, a portfolio manager at Algebris Investments.

In the 1970s, stagflation — a combination of rising unemployment and soaring inflation — threatened that belief.

Alankar thinks the endgame could be the return of stagflation.

But from there we had Watergate, stagflation, oil embargos, eroding American power in the world, growing income inequality, etc.

It was the theory that led Fed chairman Paul Volcker to purge stagflation from the system.

He turned the tables on the 1929 crash and suggested that stagflation was caused by too much money in the system.

There are many reasons to avoid anything to do with the 1970s—stagflation trumps them all.

Morici blames the return of stagflation on "Chinese mercantilism" as its government fixes oil prices at home at low levels.