Stagflation mentioned in London. @LizPeek @TheHill @FNC
Oct 13, 2021, 12:00 AM
Photo: (Screen grab) Nouriel Roubini was almost the only economist who had the fortitude to say, as the day approached, that the moment of 1999 turning into 2000 might possibly yield a global chaos of computer software unprepared for the shift. He, and the rest of us, were relieved to see that that didn't occur; but It was Roubini who rightly brought the possibility to our attention. Manus Cranny is a Bloomberg star.
Here's Roubini's take on stagflation: https://www.bloomberg.com/news/videos/2021-10-12/roubini-see-persistent-mild-stagflation-video?sref=5g4GmFHo
In economics, stagflation or recession-inflation is a situation in which the inflation rate is high, the economic growth rate slows, and unemployment remains steadily high. It presents a dilemma for economic policy, since actions intended to lower inflation may exacerbate unemployment.
CBS Eye on the World with John Batchelor
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Stagflation mentioned in London. @LizPeek @TheHill @FNC
Here's Roubini's take on stagflation: https://www.bloomberg.com/news/videos/2021-10-12/roubini-see-persistent-mild-stagflation-video?sref=5g4GmFHo
In economics, stagflation or recession-inflation is a situation in which the inflation rate is high, the economic growth rate slows, and unemployment remains steadily high. It presents a dilemma for economic policy, since actions intended to lower inflation may exacerbate unemployment.
CBS Eye on the World with John Batchelor
CBS Audio Network
@Batchelorshow
Stagflation mentioned in London. @LizPeek @TheHill @FNC