Those who are old enough to clearly remember the economic malaise of the ‘70s can understand why economists fear the return of “stagflation.” Therefore, for pundits and politicians wanting to arouse unease, spreading such rumors is a great way to get people’s attention. As managers, investors and citizens, it’s crucially important to cut through the hype to understand what’s really going on so we can make the right decisions. Keep listening, and we’ll explain what you can look forward to and how to deal with the risks and opportunities.
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