What is Stagflation?
📉 Have you heard the term ‘stagflation’ in the news lately? In this short [What is Stagflation?] video 🎥, we break down this important economic concept in simple terms. Stagflation happens when stagnant economic growth combines with rising inflation rates, meaning prices for goods and services increase even though the economy isn’t growing. This affects your purchasing power directly, making everyday items more expensive. Learn about the causes of stagflation, such as increased production costs, decreased productivity, and reduced consumer spending. Understanding stagflation can help you make informed financial decisions.
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#Stagflation #Economics #Inflation
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