Stagflation
Concept
An economic condition characterized by stagnant economic growth, high unemployment, and high inflation. Milton Friedman accurately predicted this phenomenon in the 1970s.
Mentioned in 2 videos
Videos Mentioning Stagflation
Jennifer Burns: Milton Friedman, Ayn Rand, Economics, Capitalism, Freedom | Lex Fridman Podcast #457
Lex Fridman
An economic condition characterized by stagnant economic growth, high unemployment, and high inflation. Milton Friedman accurately predicted this phenomenon in the 1970s.
E27: The Great Inflation Debate, Amazon gets spicy on Twitter, rethinking supply chains & more
All-In Podcast
A term that became common during the high inflation and economic downturn of the 1970s.