Kyla Scanlon
👤 SpeakerAppearances Over Time
Podcast Appearances
Yeah, so stagflation is when the economy is stagnant, which is where the stag comes from, and it's also inflationary.
Yeah, so stagflation is when the economy is stagnant, which is where the stag comes from, and it's also inflationary.
So there's a lot of inflation, so that's where the flation comes from.
So there's a lot of inflation, so that's where the flation comes from.
So it's an economy that's not growing, but things are getting more expensive.
So it's an economy that's not growing, but things are getting more expensive.
And that's kind of the worst-case scenario for an economy because it's very tough for the Federal Reserve to respond to that type of environment because if they raise rates to cool down inflation, they're going to cool down the economy even more, and that's not necessarily...
And that's kind of the worst-case scenario for an economy because it's very tough for the Federal Reserve to respond to that type of environment because if they raise rates to cool down inflation, they're going to cool down the economy even more, and that's not necessarily...
the situation that you want to be in.
So stagflation is a top concern because it's so hard to get out of.
So stagflation is a top concern because it's so hard to get out of.
Um, and it's a huge headache.
No, I mean, all of these have been.