stagflation for the us????

  1. 5,447 Posts.
    With a falling dollar and decreasing business activity,that should give rising prices and unemployement.That is called stagflation....inflation and stagnation.It has happened before around late 70's and early 80's.Stocks get caught in a narrow band,taking off from a base but heavilly sold at at solid ceiling.The $A was strong at that time,so real commodity countries must have been favoured[or was it the higher interest rates they were paying].Currently we are 3 times what they are in US.
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