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- (economics) Inflation accompanied by stagnant growth, unemployment or recession.
- 1995, Anthony S. Campagna, Economic Policy in the Carter Administration, page 204:
- Since no one had the solutions to stagflation, Carter, a fiscal conservative from the beginning, was thrown back to his personal bias and chose to elevate inflation to the nation's most pressing problem.
- 2013, George R. Tyler, What Went Wrong: The Big Picture: How the 1% Hijacked the American Middle Class … and What Other Countries Got Right, BenBella Books, Inc. (→ISBN)
- Moving into the mid-1970s, America's economic performance suffered. Stagflation—inflation combined with minimal economic growth—eroded wages and profits, weakening business and consumer confidence.
inflation accompanied by stagnant growth
- stagflation at OneLook Dictionary Search
stagflation f (plural stagflations)