One of the dirtiest words to come out of the 1970s, at least in economic circles, is stagflation.
The decade saw a combination of increasing inflation and lackluster economic growth that hurt everything from consumers to stocks prices.
Since the election of Donald Trump, economists and analysts have once again begun to bring up the idea of stagflation hitting the US economy. The combination of government spending and trade policies, coupled with an uncertain growth picture, have brought the disastrous specter of the late 1970s back into the economic discussion.
Read more: Wall Street worried Trump 1970s stagflation - Business Insider
The decade saw a combination of increasing inflation and lackluster economic growth that hurt everything from consumers to stocks prices.
Since the election of Donald Trump, economists and analysts have once again begun to bring up the idea of stagflation hitting the US economy. The combination of government spending and trade policies, coupled with an uncertain growth picture, have brought the disastrous specter of the late 1970s back into the economic discussion.
Read more: Wall Street worried Trump 1970s stagflation - Business Insider
