I believe we're gonna have a global recession, it's not just in the USA. I still don't know exactly, though, what's the difference between recession and stagflation..
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I believe we're gonna have a global recession, it's not just in the USA. I still don't know exactly, though, what's the difference between recession and stagflation..
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Stagflation is a flat economy with persistent inflation. Hence, the economy sucks but prices are still going up.
Many talk about that but I dont see it happening in this era. To start, the last time we had that in the US (in the 1970s) the Boomers were entering the workforce. Now they are exiting.
Stagflation will quickly turn to deflation in my opinion.
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