Inflations vs Stagflation

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I am not aware how many would know this term or its meaning so thought to share with you all. Or some of them may have doubt that is inflation an stagflation same or different. Inflation almost everyone would know I assume because it is has direct impact on our pockets.

Stagflation happens in country when economy is on slow growth pace, unemployment is on higher side and cost of things are rising. Combination of this things make the Stagflation while inflation simply means the cost of thing as are rising despite employment and growth pace of country may be in check.

Stagflation term was coined in UK somewhere in 1960-1970 and later on has being faced by many countries including developed country US too.


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