Leon du Preez
Total 313 Posts
What Is Stagflation and What Causes It?
The occurrence of stagflation is associated with a situation of general
strengthening in the momentum of prices while at the same time the pace of
economic activity is declining.
A famous stagflation episode occurred during the 1974û75 period, as year-on-year
industrial production fell by nearly 13 percent in March 1975
