Here’s What You Need to Know About #Stagflation - stagflation is when prices go up but incomes stay the same and #employment decreases. Folks are hit from both sides – they have to pay more for everyday goods while their paychecks remain the same, or even worse, they lose their jobs. It’s a diabolical circle that makes it tough to get by.
Fancy definition from Investopedia:
Stagflation is an #economic condition characterized by slowing economic growth, high unemployment, and rising prices (inflation) simultaneously. https://www.theorganicprepper.com/stagflation/
Here’s What You Need to Know About #Stagflation - stagflation is when prices go up but incomes stay the same and #employment decreases. Folks are hit from both sides – they have to pay more for everyday goods while their paychecks remain the same, or even worse, they lose their jobs. It’s a diabolical circle that makes it tough to get by. Fancy definition from Investopedia: Stagflation is an #economic condition characterized by slowing economic growth, high unemployment, and rising prices (inflation) simultaneously. https://www.theorganicprepper.com/stagflation/
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Here's What You Need to Know About Stagflation - The Organic Prepper
A noted American businessman warns that we are facing "stagflation" and that it's even worse than inflation. Here's what you need to know.
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