Definitions for stagflation
stægˈfleɪ ʃənstagfla·tion

Princeton's WordNetRate this definition:0.0 / 0 votes

1. stagflationnoun

   a period of slow economic growth and high unemployment (stagnation) while prices rise (inflation)

WiktionaryRate this definition:0.0 / 0 votes

1. stagflationnoun

   Inflation accompanied by stagnant growth, unemployment or recession.

ChatGPTRate this definition:0.0 / 0 votes

1. stagflation

   Stagflation is an economic condition characterized by slow economic growth (stagnation) and high unemployment, along with rising prices or inflation. This term was first used in the 1970s during a period of economic crisis to describe situations when an economy experiences stagnant growth and high unemployment, yet continues to have high or increasing inflation. It contradicts the traditional economic theory of the Phillips curve, which suggests that these situations shouldn't occur simultaneously.

WikidataRate this definition:0.0 / 0 votes

1. Stagflation

   Stagflation, a portmanteau of stagnation and inflation, is a term used in economics to describe a situation where an inflation rate is high, the economic growth rate slows down, and unemployment remains steadily high. It raises a dilemma for economic policy since actions designed to lower inflation may exacerbate unemployment, and vice versa. The term is generally attributed to British politician who became chancellor of the exchequer in 1970, Iain Macleod, who coined the phrase in his speech to Parliament in 1965. In the version of Keynesian macroeconomic theory which was dominant between the end of WWII and the late-1970s, inflation and recession were regarded as mutually exclusive, the relationship between the two being described by the Phillips curve. Stagflation is very costly and difficult to eradicate once it starts, in human terms as well as in budget deficits. In the political arena, one measure of stagflation, termed the Misery Index, was used to swing presidential elections in the United States in 1976 and 1980.

Matched Categories

1. • Inflation

How to pronounce stagflation?

1. Alex

   US English

   David

   US English

   Mark

   US English

   Daniel

   British

   Libby

   British

   Mia

   British

   Karen

   Australian

   Hayley

   Australian

   Natasha

   Australian

   Veena

   Indian

   Priya

   Indian

   Neerja

   Indian

   Zira

   US English

   Oliver

   British

   Wendy

   British

   Fred

   US English

   Tessa

   South African

How to say stagflation in sign language?

Numerology

1. Chaldean Numerology

   The numerical value of stagflation in Chaldean Numerology is: 4

2. Pythagorean Numerology

   The numerical value of stagflation in Pythagorean Numerology is: 7

Examples of stagflation in a Sentence

1. Brian Nick:

   It's hard to see stagflation coming, but you could see consumer prices accelerate at the same time the economy slows down, that's why I don't think the Fed steps in either way.

2. Deutsche Bank:

   There is a fairly strong bias that stagflation of some kind is more likely than not over the next 12 months.

3. Sher Mehta:

   There is a lack of fiscal space to boost growth sufficiently and India is unlikely to reach its pre-COVID-19 levels any time soon despite policy support, economic momentum will struggle to gain traction as there are fears of stagflation and the possible end of monetary policy easing.

4. Mike Skordeles:

   Consumers may get to a point where they're not going to pay higher prices and that causes demand destruction. We're not there yet, stagflation could be a concern if higher prices persist for an extended period of time.

5. Nancy Davis:

   The economic fallout from coronavirus could lead to stagflation, this is bad for bonds and stocks as all assets go down together.

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References

1. ^ Princeton's WordNet
   http://wordnetweb.princeton.edu/perl/webwn?s=stagflation
2. ^ Wiktionary
   https://en.wiktionary.org/wiki/Stagflation
3. ^ ChatGPT
   https://chat.openai.com
4. ^ Wikidata
   https://www.wikidata.org/w/index.php?search=stagflation