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EL

I believe that the the US economy is experiencing Stagflation. what do you think?

Dimview09:

I's say yes, but it has been coming for a long time maybe 15 years.

Mac....Of Moot and Mac:

Don't worry....A higher tax rate on working people and those who own the factories and plants will most assuredly bring the economy to a completely different level. One not seen since the Great days of Jimmy Carter

Sequoia:

Economists today typically offer two main explanations of stagflation. First, stagflation can occur when an economy is slowed by an unfavorable supply shock, such as an increase in the price of oil in an oil importing country, which tends to raise prices at the same time that it slows the economy by making production less profitable.[5] Second, both stagnation (recession) and inflation can be caused by inappropriate macroeconomic policies. For example, central banks can cause inflation by permitting excessive growth of the money supply, and the government can cause stagnation by excessive regulation of goods markets and labor markets. The global stagflation of the 1970s is often blamed on both causes: it was largely started by a huge rise in oil prices, but then continued as central banks used excessively stimulative monetary policy to try to avoid the resulting recession (stagnation), causing a runaway wage-price spiral. source:wiklipedia I would have to say yes sadly. It has not been good for so many years now!

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