Saturday School: What Is Stagflation?

Saturday School: What Is Stagflation? Photo by diy13 / Shutterstock.com

If you have a nostalgic fondness for bell bottoms and smiley face stickers, you probably remember the 1970s. However, chances are good that your memories of stagflation are not quite as warm.

Stagflation — a combination of inflation and slow economic growth — was a plague in the early part of that decade. Some people worry that stagflation could make a return today. Watch this Khan Academy video to learn the circumstances that trigger stagflation, and why it is so dangerous for the American consumer.

Do you remember the stagflation of the 1970s? Share your memories by commenting below or on our Facebook page.

Popular Articles

6 Tips to Age-Proof Your Resume
6 Tips to Age-Proof Your Resume

Finding a job isn’t easy — and it sometimes feels like too much experience actually counts against you. These tips will help.

How All 50 States Tax Your Retirement Income
How All 50 States Tax Your Retirement Income

Find out which states are friendly, and not-so friendly, with the money you’ll need in your later years.

7 Reasons You Should Rent a Home in Retirement
7 Reasons You Should Rent a Home in Retirement

Renting is a better fit than owning for many retirees. Here’s how it can pay off during your golden years.

View this page without ads

Help us produce more money-saving articles and videos by subscribing to a membership.

Get Started

Comments

946 Active Deals

More Deals