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Definition of 'Stagflation'
A condition of slow economic growth and relatively high unemployment - a time of stagnation - accompanied by a rise in prices, or inflation.
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Investopedia explains 'Stagflation'
Stagflation occurs when the economy isn't growing but prices are, which is not a good situation for a country to be in. This happened to a great extent during the 1970s, when world oil prices rose dramatically, fueling sharp inflation in developed countries. For these countries, including the U.S., stagnation increased the inflationary effects.
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Find out how Milton Friedman's monetarist theory helped bring the U.S. out of the economic doldrums.
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What is inflation? This section breaks down the differest types of inflation, including stagflation and deflation, and breaks down the causes and costs of inflation.
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The "good old days" of investing were actually fraught with limited opportunities and methods.
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From unemployment and inflation to government policy, learn what macroeconomics measures and how it affects everyone.
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As a measure of inflation, this index can help you make key financial decisions.
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