Stagflation: be alert, not alarmed - EP143
Economics Explored - Podcast autorstwa Gene Tunny
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The World Bank has downgraded its global economic growth forecast and has warned of the rising risk of stagflation. What is stagflation and how likely is it? And a related question: what is a wage-price spiral and how likely is it? Show host Gene Tunny and his colleague Arturo Espinoza discuss how the current global situation is similar and dissimilar to the 1970s, with a consideration of recent perspectives from the World Bank and BIS.
