stagflation

stagflation

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1

recession (stagnation) + inflation (inflation) + on top of that, unemployment. this is the case that proves the invalidity of the concept of the phillips curve. it is a process of special economic imbalance observed in the leading economies of the world in the 1970s, especially with the problems seen in the us economy with the vietnam war and the oil crisis

2

it also happens in a country that cannot grow economically, that cannot produce, that is dependent on foreign sources for raw materials, whose money is worthless, and that also grows in population (due to at least 3 children, refugees, etc.). did you visualize it?

3

is the situation where the economy is in unemployment and inflation at the same time.

4

it is like the team that is written on the coupon falling back with a penalty + red card in the 4th minute. it's a picture of your economy getting fucked in both.

5

inflation in underdeveloped countries is inflation in stagnation with unemployment exceeding the natural unemployment rate.

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