What is stagflation?

Feb 24, 2011 · 24m 44s
What is stagflation?
Description

When high inflation, slow growth and high employment combine, they result in an unfortunate economic situation known as stagflation. But what exactly is stagflation, and how does it work? Most...

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When high inflation, slow growth and high employment combine, they result in an unfortunate economic situation known as stagflation. But what exactly is stagflation, and how does it work? Most importantly, how can we prevent it in the future?
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Author HowStuffWorks.com
Organization HowStuffWorks.com
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