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stagflation

stagflation

4 9.6
A time when the economy has little or no growth, many people without jobs, and rising prices
  • noun
  • /stæɡˈfleɪʃən/
  • Specialized
: estanflación
  • The managerialist era ended in the late 1960s and early 1970s with the end of the long postwar economic boom, stagflation, the oil embargo, and the rise of foreign competition.
  • stagflation and inflation

In other words, stagflation, not good, right?

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Examples

  • With stagflation at home and chaos abroad, Edward Kennedy confronted Jimmy Carter in the 1980 election.

    Academic text (2010)
  • The Reagan administration's goal was to rescue the U.S. economy—and demoralized policymakers—from stagflation and malaise.

    Academic text (1990)
  • There are three major economic components necessary for stagflation to occur.

  • Reagan had two goals: one was to end stagflation, the other was to end the Cold War.

    Blog text (23)
  • Be prepared for stagflation and stop predicting and start preparing.

  • We may end up having enough resources to weather this coming storm of stagflation that will dwarf the 1970s.

    Blog text (4)
  • Rapidly rising factor costs, combined with a slowdown in productivity growth, led to stagflation in the late 1980s.

    Academic text (2000)
  • The conventional wisdom on these issues began to fade with the inflation and stagflation in the United States during the 1970s and early 1980s.

    Academic text (1998)
  • The CED's influence and membership declined in the "stagflation" era of 1973 to 1980, when the Business Roundtable supplanted it as the leading spokesman for big business.

    Academic text (2017)
  • Economic experts warn that stagflation can create a vicious cycle of high prices and unemployment.

Antonyms

201 3.7

A time when people or a country have money and success

167 2.9

An increase in the goods and services a country makes over time

How Severe

depression
  • Specialized
71 4.0
stagflation
  • Specialized
4 9.6
stagnation
19 6.8
slowdown
51 3.7

Surface Forms

stagflation singular
stagflations plural

Morphology

stagflation = stagnant + inflation (opaque) = stag + flation

The term 'stagflation' is a blend of 'stagnation' and 'inflation', but the specific economic context is not directly derivable from the components.

Etymology

The word stagflation is a short mix of stagnation ('no growth, stuck') and inflation ('rising prices'). It names an economy that is 'stuck' while prices keep going up, which is why the two words are joined.