Stagflation is the combination of high inflation, stagnant economic growth, and elevated unemployment. The term stagflation, a blend of “stagnation” and “inflation,” was popularized by British politician Iain Macleod in the 1960s

  • otter@lemmy.dbzer0.com
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    4 days ago

    …popularized by British politician Iain Macleod in the 1960s

    because “Normalizing Corporate Greed” doesn’t exactly roll off the tongue.