stagflation was our Word of the Day on 08/28/2007. Hear the podcast!
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Recent Examples of stagflation from the Web
In fact, the Phillips curve was not a reliable rule of thumb in late-1970s stagflation, the robust, supply-side Reagan recovery in the 1980s, the Bush 43 boom and bust from 2001 to 2008 and the Obama lackluster recovery after 2008.
So to summarize: Our closest allies — and six of the world’s ten largest economies — see this administration as a bigger problem than an oil shock and stagflation, and almost as big a problem as Russia invading Ukraine.
The draft, a hot-button issue for activists, ended in 1973, and boomer activism began to shift to the Equal Rights Amendment, while the country as a whole was buffeted by the oil crisis and then stagflation.
President Richard Nixon’s import surcharge contributed to the stagflation of the 1970s.
Memories of disco-era oil shocks, gas lines and stagflation loom large, passed on as lore from my generation to our kids.
At this juncture, a new economic monster appeared: stagflation, a chimera of inflation, recession, and unemployment.
Alan Greenspan warns about a bubble in bonds and the return of stagflation.
Although growth has returned and the stockmarket is booming, the country still suffers from stagflation: a weak recovery combined with stubbornly high price pressures.
These example sentences are selected automatically from various online news sources to reflect current usage of the word 'stagflation.' Views expressed in the examples do not represent the opinion of Merriam-Webster or its editors. Send us feedback.
Did You Know?
Stagflation is a portmanteau, that is, a word that blends two others (in this case, "stagnation" and "inflation"). The first documented use of the word appeared in 1965 in the writing of British politician Iain Macleod, who wrote, "We now have the worst of both worlds - not just inflation on the one side or stagnation on the other, but both of them together. We have a sort of 'stagflation' situation." Macleod is often credited with coining the term, and his linguistic invention was quickly embraced by economists in the United States, who used it to refer to the period of economic sluggishness and high inflation that affected the country in the 1970s.
STAGFLATION Defined for English Language Learners
Definition of stagflation for English Language Learners
: an economic situation in which prices of goods and services continually increase, many people do not have jobs, and businesses are not very successful
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